Via The Cobden Centre:
The absurd tragedy of our situation, explained brilliantly here (albeit in a US context), is astonishing. For a more formal corrective, see this primer.
Tags: Central Banking, economics, humour, Incompetence, QE
Stupid republican propaganda having a go at Obama, it wan’t Ben Bernake’s fault the recession happened, and he is simply trying to do his best
There are no prizes for trying hard when you have the power to create money at a stroke in the world’s largest economy.
I hope George Osborne and Mervyn King have seen it.
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