‘The end of QE and its likely effects’ is much discussed at many of the fun investment manager presentations I attend. ‘Quantitative Easing’ was the novel way governments kept economies afloat after the banking crash, without printing money or looking as if they were spending anything with the Bank of England and its equivalents buying securities from banks to make sure there was still some money circulating. Many would argue that it has helped the rich get richer and the poor stay poorer as not much of what circulated went far outside the City and its boardrooms. So there has to be a better way. I’d say.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.
