Time for a national inquiry into the impact of lower interest rates.
13 September 2016 Time for a proper national debate about the impacts of Monetary Policy Government should launch an inquiry into the effects of lower interest rates Main points: QE was an emergency policy to stave off depression – it is a huge monetary experiment which must not be considered as ‘normal’ policymaking The latest round of rate cuts and QE may well have been a mistake – in August 2016 we were not facing economic collapse and the negative…