Day: 7 October 2011

Bank Of England Acts

October 7, 2011 By Malcolm Blair-Robinson

Increasing the money supply when the supply shrinks sufficiently to inhibit economic activity, if properly controlled, is a good deal better than borrowing more. The Bank has done the right thing, given that we are where we are. If the Treasury comes up with a workable programme of credit easing, this will be good also. Both these measures allow the […]