People's QE

[davywavy]

I had a conversation yesterday about Jeremy Corbyn's proposal for a "People's QE". Why is it, they asked me, that when the Bank of England does QE the government says it's the right thing to do, but when Jeremy Corbyn suggests it it's wrong and dangerous

Comments

[davywavy]

I'm open to being corrected, but that does seem a reasonable summary of what he has said in the past.

[davywavy]

George Orwell once described English Socialists as "a friend to every country but their own"

He wasn't wrong.

It's telling that the people who have come out to congratulate him on his appointment have included Russia, Argentina, Hamas, and the IRA.

[anonymous]

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