January 2009: “Printing money is the last resort of desperate governments when all other policies have failed.” – George Osborne
October 2011: The Bank of England has said it will inject a further £75bn into the economy through quantitative easing
Mark Ferguson
Mark Ferguson is the Labour MP for Gateshead Central and Whickham, and was the editor of LabourList from 2010 to 2015.
View all articles by Mark Ferguson
More from LabourList
Labour deputy leader election: Powell leads by over 15 points in exclusive member poll
Listening and Learning from Young People – Developing Solutions to the Attendance Crisis
‘Democracy is good for everyone – but we have to make it live up to its promise’