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    Barry!
    Your write "Alexander: You speak of QE as a painless cost free solution,"

    I cannot believe this!
    I have clearly stated many times both on this thread and other threads that QE, quantitative easing, the mad printing of money by the Bank of England, is a recipe to disaster if it goes on.

    This is an essential part of my economics.

    How on Earth you get to the conclusion that I advocate the opposite, really goes beyond me!!!
    Especially since the Government have heeded my advice and consequently the Bank of England have decided NOT to print another £50 billion of quantitative easing.

    I cannot accept it when someone turns my words exactly upside down and then attributes to me the result.

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