The Contrarian Investor: Playing with fire
It is hard not to feel ever so slightly sorry for the pointy heads over at the Bank of England as they contemplate what to do next about the various quantitative easing programmes, including the Funding for Lending scheme.
All this extensive monetary pump priming was supposed to result in more money in our pockets, more mortgages, loans to small businesses and funding for infrastructure. Sadly very little of the above seems...
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