Reply to post: Re: Marx would be proud

Labour: Free British broadband for country if we win general election

Tom Paine

Re: Marx would be proud

Excellent comment, but:

"Again QE done to counter a depression (as in 2008/9) is fine - it generates market confidence as the government saves the day."

I respectfully submit that the jury's still out on that one. It certainly worked in the short/medium term, but the full consequences will take a decade or two longer to become unambiguous.

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