[Craig Axford]
Mehdi Hasan
The Bank of England’s quantitative easing (QE) policy has generated £375 billion in support for the financial sector, and 40% of that money has ended up in the hands of the top 5%. Mehdi Hasan argues, in this article, that’s money that could have been spent on a “quantitative easing for the people, or QEP”, and he thinks both Milton Friedman and John Maynard Keynes would have agreed.
Mehdi Hasan, “We Could Fix Our Economy by Giving Every Man, Woman and Child £6,000 in Cash”, The Huffington Post, October 25, 2013: https://www.huffingtonpost.co.uk/mehdi-hasan/uk-economy-gdp-figures_b_4162089.html?ir=UK
