How to waste £375 billion? (The Failure of Quantitative Easing)

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1. Not being familiar with England's financial system why couldn't they have done both? QE to improve banking and financial sector and 'sovereign money' to improve and strengthen the labor sector. Faith, trust, and willpower; and beware of the charlatans.
2. correct but the banks own the commodity shares bought with QE money, then charge public more, so banks win twice. It's called transfer of wealth. We are not in the club, it's politicians, lawyers, facebook, google, microsoft, and other large institutions etc, etc. That's why banks call it investment banking, they print their own money and invest it in mineral resources to pump up prices so they get richer and the public pay more. They have no balance sheet cash, only their own, they use banks as place to put their own money, not publics money, that peanuts by comparison
3. how does it grow the economy? more money chasing fewer goods
4. Work is irrelevent!
   Were us a tsunami of crap products
   building projects
   crap resturant chains that you say
   create jobs but the fact are they create crap.
   Everybody in the free world create better
   burgers pizzas
   for example.
   You 25 brands of
   electric screwdrivers
   and all you need are 3.
   You rebuildt infra structure for billions
   what we dont need more than it creates
   jobs.
   There are a battle for
   every penny thats why you have unions.
   The ton of food nobody eats are enourmoues.
   You still need to build a big nuclear plant just to build elevators so people get access to their front door.
   The ecomomy are an evil circle and they know it.
   Thats why they still creates cheap crap
   cellulares to sell
   to others than them self.
   Were do you set the price on cancer vs
   plastic titts or rash??
   For the commun man the price ob this products can be equal.
   I know looking at the sting on Lewis Sim
   and laugh are a cheap way of fun on
   somebody else expense.
   Politics are fighting for money and manipulate everything.
   The less freedom people have the more power politicans have over
   life and death.
   That why Mireck get to score Tera Joy
   and Miiko Albornoz
   are registerd as a pedophile the market tells us whats right and wrong and the market says Mireck are correct and Miiko is wrong.
   The biggest fear politicans have are
   freedom.
   If a person is free that person only do
   whats right !
   Politicans are like
   the guard at zoo feeding the animals.
5. By complaining that the the Bank of England should have given money to the government instead of into the financial system, you are failing to understand the difference between Asset Inflation and regular Inflation, putting money in assets does not effect the value of currency the same way it does with regular inflation because the market does not notice a difference in the size of the money supply. Government spending too much in printed money would cause noticeable inflation which would only hurt the economy more, and employment would not recover. We see this in the US where the government actually did spend $700 billion as a part of Dodd-Frank, unemployment fell to 5% but full time employment has not recovered, and income has been stagnant as a result of a drop in Purchasing Power Parity. Also not all the money went into the stock market, it went to buying bad assets from banks so that they had liquidity to work with, keeping them from failing so trust could be restored in the system. Rebuilding trust in a financial system would take an extraordinary amount of time. Generally, economists believe QE was the best decision in a bad situation and that it was a success.
6. ONE BIG problem how and to who do you distribute this sovereign money ???
   
   If you create new money it can't just be created and spent by the government because that will be poorly spent. We know this from history.
   
   So why not link it to something used to be gold now we have fiat money linked to nothing!
   
   Maybe link it to taxation ?
   Or link it to Business rates so small businesses can borrow this new money directly to grow and compete with unfairly advantaged corporate business ??
   
   
   You need a clear solution with a clear path for how to spread this new sovereign to those who deserve to get the loans !!!
7. Money = Power. The one who designes to whom money flows, is designing the power-structure of society. They will never allow for the mass of people to be empowered.
8. Britain is a third world country you cannot just print wealth what a bunch of losers
9. I think you need to spend more money on a better video, the 1st 4 minutes was crap..
10. floating market with new money just make a greater inflation, by that poor people's become poorer n their welth decreased
11. Quantitative easing for the people is the only way. Giving it to the banks is just throwing it down the big black uneconomic hole.
12. Quantitative Easing wasn't really a failure, if you understand that it was never intended to actually benefit ordinary people. Nothing the bankers convince the government to do is ever about helping ordinary people.
13. Go on positivemoney.org & sign their petition. let's get this money scandal sorted.
14. I am saddened at this institutionalized point of view with assumptions
    which are either inaccurate or politically accepted. The explanation of
    factors effecting the factors of production would in any market tested
    job would be at best skewed towards government or political
    disinformation. The figures in his model are based as Mark Carnie said
    based on the governments inaccurate unemployment figures which have
    never been triangulated and indeed Cameron have admitted as incorrect.
    The explanation for non productive growth in the housing giving plus
    growth figures are a testimony to failed short term policies which may
    push us back in the growth stakes in the near future.Underlying growth
    in the productive sector has been inadequate and patchy at times.The
    inadequate explanation for house price rises shows no meaningful
    expertise in this area beyond that held by an MP. In truth the
    subsidizing of a nation wide building program at a cost to the council
    tax payer of 35 thousand per house is a great mistake taking money away
    from essential investment yielding little benefit to society.This money
    if spent on infra structure would benefit society with much higher
    returns and jobs.The housing crisis in London is a drag on society
    choking off production and pushing up production costs to global
    uncompetitive levels. Commentators put the total social costs by
    austerity to include demunation in intellectual capital in UK PLC to be
    260 billion.Presumably the government does not issue or measure
    independent social economic costs as they would paint a negative picture
    of the economy in any attempted model.
    
    The summary of this situation is the government has inflated the housing
    market by subsidy to push up otherwise failing economy.A surplus of
    labour has held back any underlying growth in the productive economy.
    Taken as a whole poor quantitative easeying choices by not subsidizing
    the customers of the banks, but a few bankers and investors which have
    not decanted any stimulus to the economy. Radom capital inputs such as
    PPI have had a short term stimulating effect where quantitative easing
    has clearly failed. Austerity by ametures has simply been a transfer of
    short term costs to longer term costs. It is useful to listen to these
    lectures but sometimes they are presented from a bias point of view from
    the accumulation of hypothesis to conclusion.
15. the central bank uses its money to borrow to the goverment. so i think u r mistaken.
16. I like the idea as this would invest in the economy rather than inflate asset prices, assets being held by the wealthy. Not sure about £375bn though!
    
    What you propose is illegal in the UK however, since we are bound by the 2009 Lisbon Treaty - Article 123 states that it is forbidden for central banks to finance government debt by printing money.
17. That's because everyone in the government and central bank own stocks. The system so corrupt and broken it's insane.
    Yet, the general public is totally unaware of how the system works and how fucked up is. If they did, they'd probably murder all the politicians and bankers. I'm not supporting this type of behavior, but I do believe this would happen.
18. Repeal Bank Charter Act of 1844 now
19. When the BoE buys assets (stocks, etc.) with new money, who gets the money from the assets?
    
    Is it the shareholders of the BoE?
20. Can someone please explain me how these £375 Billions were put into the stock market (?)