- I told all you muppets what was going to happen (he didn’t really say that, but bet he wanted to)
- Without more stimulus, economies to suffer potentially lasting damage
- BOE should restart QE programme with 50 bln purchases of long-dated gilts
- BOE and govt need to cooperate to promote investment and credit to small businesses
- Govt should set up bank for SMEs, new business lending
Pretty standard Posen speak. Keep banging that drum Adam!!
I wonder how Andrew Sentance is these days