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Hamish McRae

How much longer can the banks carry on stealing from savers?

The world's central banks are going to go on printing the money. I think we pretty much knew that already, but it has become even clearer in the past few days.

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Inside Hamish McRae

Of course Scotland can stand on its own two feet. And here's how

Saturday, 14 January 2012

Scotland's voters will be asked to make a political decision in its referendum on independence, but it will be a decision coloured inevitably by economics – or at least economic perceptions, for the long-term economic impact of independence is far from clear.
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Europe and inflation will be key to UK's fortunes in 2012

Thursday, 22 December 2011

It is time to look forward – and not only because 2011 has been a deeply disappointing year.
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�75 billion of quantitative easing may increase the risk of inflation but it should help the UK avoid a recession

Friday, 7 October 2011

Just print the money! One of the things that a central bank can do and do without limit is to flood the markets with liquidity. To give you an order of magnitude, this latest £75 billion of quantitative easing is equivalent to 5 per cent of GDP – maybe not quite a flood of money but a decent wodge none the less.
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The debt crisis will change the way we live

Wednesday, 13 July 2011

This is not just about the indebtedness of Greece; nor that of the other weak eurozone countries; nor about the future of the euro; nor, as we will learn today, that the liabilities of the British Government are far higher than the official figures suggest; nor even the real possibility that the US itself may default in the next three weeks if Congress cannot agree to an increase in its borrowing limit.
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