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The great savings robbery: Quantitative Easing

May 25, 2013

Bank Holiday in Rosthwaite, after a walk on a glorious Lake District day. [ for which read: should have taken a sun-hat]

[ Charlie, on Thornythwaite, looking down into Borrowdale.]

 

A nice thing about Bank Holidays, and about having two children who subscribe to the Spectator, is the ability to catch up with some reading. I recommend the attached article to anyone interested in economics. Alas, it is not an enjoyable article, there is no silver-lining, but it excellently written, and, again alas, I agree with the writer whole-heartedly.

 

http://www.spectator.co.uk/features/8874941/the-great-savings-robbery/



Forget Cyprus, the real savings robbery is in Britain

What’s happening quickly and loudly in Cyprus is happening slowly and stealthily here

56 Comments 30 March 2013

 

 

From → Economics

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