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Douglas Carswell's Blog

26 AUG 2011

Jackson Hole? Stop digging

Head of the Fed, Ben Bernake, is in Jackson Hole in the US.

Do you suppose he'll stop digging the US into the biggest financial hole in history?

All that growth stimulus in the US doesn't really seem to have worked. Printing more money - so-called QE - and making it cheap - low interest rates - doesn't seem to have made debtors richer. Just more in debt.

Time to stop digging - and rethink some of those Keynesian-Monetarist assumptions perhaps?

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