Have your say on government e-petitions

Quantitative Easing 2 (QE2) to Business not the Banks!!

Submitted on Thursday 6th October 2011

Published on Wednesday 19th October 2011

Current status: Closed

Closed: Friday 19th October 2012

Signatures: 2

Tagged with

Economy ~ England ~ Money ~ Tax

Petition Action

Quantitative Easing 2 (QE2) to Business not the Banks!!

Additional Information

The Bank of England should use QE2 to stimulate the economy directly by lending the money to businesses to increase investment and thereby create sustainable private sector jobs. The newly employed will not only be paying tax but will also increase consumption spending. This will in turn drive the economy forward. All the banks are doing with the money is re- building their asset bases. That is why QE1 didn't stimulate the economy and why QE2 will fail to do so as well.


You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!

Have your say on this petition!

comments powered by Disqus

repetition.me is a Good Stuff website

3.145.143.239 Sun, 05 May 2024 09:49:45 +0100