Comments by "" (@foxmoongaze) on "Understanding QE" video.

  1. Not anymore - it was nationalised by the government in 1946, and now wholly owned by government - who ultimately pulls the strings is another matter......
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  2. All inflation does this unless there is constant matching increases in productivity, which rarely happens, and deflation is never allowed.
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  3. I believe that is correct. Many other countries and the EU itself have also hidden their money creation under the QE banner. It's a con job really and does real harm to the economy if overused and abused, as it has been - but the banks and certain others have profited very well from it. Savers Usually lose out as the currency is devalued, but assets like property and stock markets rise for the same reason.
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