Comments by "Mark Welch" (@markwelch3564) on "The £9K George Osborne tax we’re all secretly paying." video.

Depends how you do it. In 2009 Australia did a stimulus package that gave everyone more money, simply a $900 cheque to every citizen This proved to be much healthier for the economy than giving it to the banks!
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@jocosson8892 strictly, the cheques aren't the QE, true But you're doing QE to increase liquidity, and presumably you want that liquidity to flow somewhere Australia's somewhere worked better than ours did
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@jocosson8892 now you're mixing up source and destination! QE is one way to source money, eg as an alternative to a windfall tax. The OP was concerned that all QE is bad, and my point is it depends. Partly on how strong the economy is, but mostly on what you do with the money once it's available
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@jocosson8892 this is getting a bit silly Obviously a one-off payment isn't a universal income!
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@jocosson8892 QE is the central bank buying bonds and similar assets from the government so the government has liquid capital That's it. The definition doesn't put any constraint on what the money is used for. You could QE to fund helicopter cheques, or QE to subsidise oil firms If the money came from the central bank buying bonds etc from the government, it's QE
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