Wednesday, March 4, 2009
Maybe too much
This article suggests that the amount of QE will be 100 billion. To put that in perspective, there are 20 million workers in the UK, everybody else is either a dependant or a state dependant. Thats 5000 per worker. I hope this is just talk to move the market, because that seems a bit too much for my liking. Maybe the intention is to trickle feed the money a bit at a time.