‘They were like bandits’ – how did the rich get richer?
Did a Bank of England policy to save the UK economy during the financial crash make the wealthiest people even wealthier?…
“The particular form of QE benefits above all banks who have lots of assets – which are inflated by QE and people with assets generally [including] people in the property market, people who own companies, people in investment management like me,” says hedge fund boss Sir Paul Marshall. “Owners of assets have all made out like bandits.”
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