Telephone: +44 (0)20 7920 9128
Email: [email protected]
Web: www.barbicanconsulting.co.uk
September 5th, 2012
On 12th July 2012 the Bank of England released a study on Quantitative Easing, (The Distributional Effects of Asset Purchases). The paper, requested by the Treasury Committee concedes that QE has had a distributional effect benefiting wealth holders. It also points out: “Without the Bank’s asset purchases, most people in the United Kingdom would have […]