The U.K.'s New 'Free Market' Prime Minister Is Fighting Inflation With Price Controls
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
Expanding liquidity facilities
Level has remained the same since March 2009
Has been at the central bank for 30 years
QE not as fashionable across the pond
Rate has been held at 0.5 percent for years
Central banks lack both the power and the knowledge needed to deliver stable growth.
The bank claims most Britons are better off because of fiscal activism