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People's Quantitative Easing

Index People's Quantitative Easing

People's Quantitative Easing (PQE) is a policy proposed by Jeremy Corbyn during the 2015 Labour leadership election, which would require the Bank of England to create money to finance government investment via a National Investment Bank. [1]

30 relations: Bank of England, BBC News, Central bank, Chris Leslie, Economic Advisory Committee, Economist, European Court of Justice, Financial crisis of 2007–2008, Financial Times, Fiscal policy, Helicopter money, HSBC, Jeremy Corbyn, Joseph Stiglitz, Labour Party (UK) leadership election, 2015, Milton Friedman, Monetary policy, Paul Krugman, Poverty, Quantitative easing, Richard Murphy (tax campaigner), Robert Peston, Robert Skidelsky, Baron Skidelsky, Simon Wren-Lewis, Standard Life Aberdeen, The Daily Telegraph, The Guardian, The Independent, Treaty of Lisbon, University of Birmingham.

Bank of England

The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based.

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BBC News

BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs.

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Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

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Chris Leslie

Christopher Michael Leslie (born 28 June 1972) is a British Labour Co-operative politician.

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Economic Advisory Committee

The British Labour Party's Economic Advisory Committee was in 2015-16 a group of economists, described as experts on globalisation, inequality and innovation, convened by Shadow Chancellor John McDonnell and reporting to Labour Party Leader Jeremy Corbyn, announced on 27 September 2015 at the Labour Party Conference in Brighton, and intended to meet on a quarterly basis to discuss and develop ideas around the official economic strategy to be advocated by the Labour Party, but not to set policy.

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Economist

An economist is a practitioner in the social science discipline of economics.

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European Court of Justice

The European Court of Justice (ECJ), officially just the Court of Justice (Cour de Justice), is the supreme court of the European Union in matters of European Union law.

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Financial crisis of 2007–2008

The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.

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Financial Times

The Financial Times (FT) is a Japanese-owned (since 2015), English-language international daily newspaper headquartered in London, with a special emphasis on business and economic news.

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Fiscal policy

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

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Helicopter money

Helicopter money is a proposed unconventional monetary policy, sometimes suggested as an alternative to quantitative easing (QE) when the economy is in a liquidity trap (when interest rates near zero and the economy remains in recession).

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HSBC

HSBC Holdings plc is a British multinational banking and financial services holding company, tracing its origin to a hong in Hong Kong.

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Jeremy Corbyn

Jeremy Bernard Corbyn (born 26 May 1949).

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Joseph Stiglitz

Joseph Eugene Stiglitz (born February 9, 1943) is an American economist and a professor at Columbia University.

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Labour Party (UK) leadership election, 2015

The 2015 Labour Party leadership election was won by Jeremy Corbyn with a landslide victory.

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Milton Friedman

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.

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Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

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Paul Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist who is currently Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times.

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Poverty

Poverty is the scarcity or the lack of a certain (variant) amount of material possessions or money.

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Quantitative easing

Quantitative easing (QE), also known as large-scale asset purchases, is an expansionary monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assets in order to stimulate the economy and increase liquidity.

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Richard Murphy (tax campaigner)

Richard Murphy (born 21 March 1958) is a British chartered accountant and political economist who campaigns on issues of tax avoidance and tax evasion.

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Robert Peston

Robert James Kenneth Peston (born 25 April 1960) is a British journalist, presenter, and founder of the education charity Speakers for Schools.

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Robert Skidelsky, Baron Skidelsky

Robert Jacob Alexander, Baron Skidelsky, FBA (born 25 April 1939) is a British economic historian of Russian origin and the author of a major, award-winning, three-volume biography of British economist John Maynard Keynes (1883–1946).

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Simon Wren-Lewis

Simon Wren-Lewis is a British economist.

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Standard Life Aberdeen

Standard Life Aberdeen plc is an investment company with headquarters in Edinburgh and operations around the globe.

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The Daily Telegraph

The Daily Telegraph, commonly referred to simply as The Telegraph, is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally.

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The Guardian

The Guardian is a British daily newspaper.

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The Independent

The Independent is a British online newspaper.

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Treaty of Lisbon

The Treaty of Lisbon (initially known as the Reform Treaty) is an international agreement that amends the two treaties which form the constitutional basis of the European Union (EU).

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University of Birmingham

The University of Birmingham (informally Birmingham University) is a public research university located in Edgbaston, Birmingham, United Kingdom.

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References

[1] https://en.wikipedia.org/wiki/People's_Quantitative_Easing

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