More Growth Less Borrowing
March 14, 2015
Politicians do not like to talk about the fragile nature of the UK’s Economic Recovery. Yet it remains rooted in borrowing, asset inflation, housing costs which are out of control and a housing shortage which continues to grow. It is consumption based in a country which no longer makes things for shoppers to buy, so jobs are exported and things are imported. Wages are at near historic lows, requiring subsidy and support from the government, even for those in work. The list goes on and on and you know it well. If you are a politician you never talk about it because you cannot see any other way forward. If you are in the top 10% you have never had it so good. If you are young and unemployed you are close to despair.
Yet it does not have to be like this. There is another way. Dynamic Quantitative Easing. It is only 2500 words in easy read format. To turn this original paper into a booklet, the January 2015 posts of this blog have been added. This bold new idea for economic growth will empower you with a greater understanding of what is happening in our economy and how we can change things for the better.