Season 1 · Episode 26
Where QE is failing – time for a people’s QE
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
February 27, 201732m 36s
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Show Notes
The Bank of England, like many central banks, has used Quantitative Easing as a tool to try and engender growth in the economy. It’s a tool they had to resort to when sustained low interest rates failed to achieve the desired outcome. In this podcast Phil Dobbie talks to Steve Keen about how QE is, why it’s failing and how to should be redesigned. Hopefully the Bank of England will listen, along with the Treasury. In fact, the UK’s Treasury Committee is running an inquiry into the Effectiveness and Impact of post-2008 UK Monetary Policy and we discuss Steve’s submission in the podcast.
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