Cashing in
Another even crazier statistic is that the £375 billion of quantitative easing (money printing) undertaken by our government has merely raised the stock market to an artificially high level during a recession, because it was channelled into the economy by the banks, who have of course looked after themselves and their friends first.
This £375bn is a staggering £150,000 for each of the 2.5 million people currently unemployed in Britain. It takes no imagination at all to think how much more effectively that money could have been distributed.
But never mind; there are always the food parcels.
Malcolm Parkin
Gamekeepers Road
Kinnesswood, Kinross