From the article - The same government that could not find the £40 million necessary to fund a 2.5% pay-rise for the British police in 2007 can suddenly find more than £200 billion to save the British banking system, courtesy of the Bank of England printing press. Some of us ask why, if the Bank of England can create £200 billion of new money to save the banking system, it cannot also create another £170 billion to pay off the budget deficit? We are told that such action would cause rampant inflation and that we have no alternative but to cut the budget. So the priorities are clear. We can risk inflation to save bankers, but not to save public sector services and the most needy members of our society.
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