Proceeding contribution from David Gauke (Conservative) in the House of Commons on Monday, 2 February 2009. It occurred during Opposition day on Government Capital Expenditure.
Government Capital Expenditure
Our position on quantitative easing is that it is the last resort. We have consistently said that it cannot be ruled out. However, for months, we have called for an effective national loan guarantee scheme. This country needs that. [Interruption.] The Exchequer Secretary says that that is not monetary policy, but it is. It is about getting money flowing through the economy and giving credit to businesses. That is a monetary policy, which we need, and that answers the intervention of the hon. Member for Preston (Mr. Hendrick).
Secondary information
- Type
- Proceeding contribution
- Reference
- 487 c617
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Banks Construction Capital investment Housing Finance Fiscal policy Economic situation International Monetary Fund Public expenditure Schools Economic recession
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 09:25:25 +0100
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