Telegraph
"Peter Spencer, chief economic advisor to the Ernst & Young ITEM Club said that quantitative easing is needed immediately...The Government and the Bank of England have got "days not weeks" to take action to revive the economy or face a prolonged depression..."
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Comment: Can someone tell E & Y that 'quantitative easing' (printing money) has been going on for some time in secret....for over a year now. They really should read this blog.
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