Cash query (From Daily Echo)
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Cash query
10:45am Wednesday 26th September 2012 in News
AS the Treasury Select Committee is to question the Bank of England governor regarding quantative easing, who will ask the obvious question: “Why did you not simply give every payer of income tax a cheque for £20,000 which would have ensured money was put into circulation immediately, instead of it being moved into banks’ reserves/paid out as bonuses to highest paid staff ?”
Whilst I am no cynic, I will not be holding my breath in anticipation.
BARRY BURTON, Fareham .
