#quantitative-easing
#quantitative-easing
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#public-finances #bank-of-england #reform-uk #us-national-debt #debt-to-gdp-ratio #fiscal-sustainability
US politics
fromFortune
2 weeks agoRay Dalio says the world is running out of interest in buying U.S. debt-but America is unable to cut back on spending | Fortune
America's $37.5 trillion debt and rising interest costs create a crisis risk while political constraints make meaningful federal spending cuts unrealistic.
Miscellaneous
fromFortune
2 weeks agoTop analyst who once feared 'the end of capitalism' rips French and British boomers for sabotaging Gen Z futures | Fortune
Generationally skewed fiscal policies and high spending on retirees in the UK and France are burdening public finances and undermining Gen Z's economic prospects.
fromwww.theguardian.com
1 month agoTreasury should tax big banks on quantitative easing windfalls, argues thinktank
In a report called Fixing the Leak, the IPPR's associate director for economic policy, Carsten Jung, says the Treasury should rein in the costs of QE as public finances are tight. What started as a programme to boost the economy is now a massive drain on taxpayer money, he said. Public money is flowing straight into commercial banks' coffers because of a flawed policy design. While families struggle with rising costs, the government is [in effect] writing multibillion-pound cheques to bank shareholders.
UK politics
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