Letter: Quantitative Easing is the solution

By READER: Peter Dale | 16/08/2016 0 comments

Letter: Quantitative Easing is the solution

ONE last time, quantitative easing. the answer to all our problems, a budget to get this country back on its feet.

Abolish taxation, business rents and rates, pay pensioners £250 per week, a minimum wage of £10 per hour, a maximum wage of £25 per hour, free bus and rail travel, parking, child care and care for the elderly.

Pay young people to go to school and give them the choice at ten-years-old to carry on with the 3Rs or learn hands on trade of their choice until they are 16 and then move on to the minimum wage.

Dentists and opticians go back on the NHS. Vets will also be a free service, and so will legal aid.

Every person over the age of 16 will pay a one off payment of £1,000 per year; this will pay for all their insurance cover, water, gas, electricity, television and telephone. The interest rate will be eight per cent; all this will be paid for by Quantitative Easing. The government used QE from 1939 to 1945; you have to put money into ordinary people's pockets, not bankers and big business.

It would take a dictator to pull this off and claw back all the assets our governments have sold off to countries around the world. He could take control of everything and create an even playing field; all we need is a decent person to be the voice of ordinary people by leading by example, keeping within the maximum wage he would be the perfect dictator.

There is no one in Westminster looking out for us.

Peter Dale, Rotherham

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