James Grey MP is perfectly entitled to his opinions on the EU and on the policy of quantitative easing. However, his column last week betrays a terrible forgetfulness of recent history. He says: “Quantitative easing ... will not solve the crisis ... but may well make it much worse and I am glad that the UK is not part of it.”
There is no mention at all of the £375bn QE by recent UK governments (half of it under the present government of which he is a member) and that George Osborne has claimed that it was “... an appropriate tool to use in times of economic gloom.”
Perhaps we should give Mr Grey the benefit of the doubt and assume that he was unaware of this.
Tony Gregson, Manor Park, Great Somerford.
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