Adam Polsen is dangerous man on the Bank of England monetary committee says the UK NEEDS more Quantitative Easing “to help the UK economy.” QE is trashing the UK economy, it is stealing from savers and pension funds, to bail out reckless borrowers – which includes the government. The savers that would spend during a downturn / recession are refusing to spend because the government and Bank of England are raping their savings. Low interest rates and QE are own-goal policies that are crippling the UK economy. The worse thing is, that this printed money is FAKE, and they use this FAKE money to buy real assets, this is theft and fraud. Argentina already tried QE, and the result was total economic collapse. Japan tried 0% interest rates and it crippled their economy for over 10 years. The UK is doing both, the UK economy is doomed. Recorded from Sky News, 18 September 2011.
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