Daniel Hannan On Our Money-Printing Masters

As we feared, the wise men at the Bank of England have decided that what our ailing economy needs is another dose of QE. I was about to blog the event, but it’s hard to match the eloquence of Daniel Hannan’s latest post: According to the BBC, the Bank of England has decided ...

The Silver Lining in the Fed’s $600 Billion Decision

A good article from Ryan Streeter The Federal Reserve’s recent decision to buy $600 billion in bonds—another example of the mysteriously named “quantitative easing”—may have the unintended effect of solidifying GOP policy makers behind an economic growth agenda. House GOP...

Halligan: QE Now Seen As An Aggressive Depreciation Tool

Another superb article from Liam Halligan: While the US has doubled its monetary base over the last 18 months, the UK’s base money supply has tripled. That’s right – UK base money is now three times bigger as a percentage of GDP than it was at the start of 2009. Given all that...