That this House believes that HM Treasury should alleviate the effects of the recession and prevent the continued escalation of debt by matching the amount of money created through quantitative easing by the Bank of England with interest free cash for financing works in the public interest, thus addressing the enormous imbalance between interest bearing credit and interest free cash in the overall money supply.Can anyone explain?
Monday, March 22, 2010
Help! Translation services needed
Sorry for highlighting another Early Day Motion from Austin Mitchell (see previous post for the first) but I;m struggling to understand what the gibberer is on about with this one.
Posted by dizzy at 3/22/2010 09:12:00 am