Search results

its all the same source, the chap leading NIESR for some time has said we are doing Quantitive Easing wrong and it should be rolled over with lower interest rates. its a nice idea, the key point to stress here is no other country or central bank has done this, because others say it would be a...

he couldn't hedge against rates as suggested. dropping £900bn of debt on the market would raise borrowing rates a great deal, and screws up the rest of the bond market. hence why no other country did anything similar. it was a fringe idea by a lone acedemic.