QE increase of PS1 00 bn indicates Bank’s answer to all economic questions is still to publish cash
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The Bank of England’s decision to increase quantitative easing by PS100bn at its June session to support the economy through the coronavirus crisis follows a well-trodden path.
Ever since the central bank began to print money and administer it into the financial system after the 2008 financial accident, its answer to any and all economic difficulties has been to print a bit more.
Related: Bank of England boosts bond-buying programme by PS100bn – business live
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Read more: theguardian.com