Last week, the YEP issued a ‘factfile’ on the issue of the moment: Quantitative-Easing (QE).

If, having read that, you actually wish to learn something about QE I would strongly recommend reading the latest post from the always-insightful Cynicus Economicus.

Regarding the ‘factfile’ though, it appears that this is one piece of  ‘analysis’ we can’t give the YEP any credit for; it has been pointed out to Tiberius that the piece appears to be a carbon copy of a press release issued by the Press Association; you can find also find it in word-for-word form here and here, and here.

After reading Nick Davies’ Flat Earth News, nothing suprises Tiberius any more when it comes to the poor standard of journalism in the corporate media; he does, however, suspect the time is almost upon us when people demand much better than stock answers on critical issues such as QE.


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