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Fox News - Economic Acopalypse
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Now, I am even (if possible) more confused;
http://ftalphaville.ft.com/blog/2009/01/20/51392/clarity-on-qe-at-the-boe-or-not/?source=rss
"Were it oh so simple. In fact, bank officials themselves insist that actually, in qualitative or quantitative terms, yesterday’s statement was only, as the FT puts it today “a clarification of powers the MPC already had.” No green lights at all then.
Certainly in terms of quantitative easing that might be the case. The BoE is already quantitatively easing. Just look at the base money supply."
Can someone find links for the base money supply, please?
Is this guy right?0
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