28
October
Can't print money forever - Tories
28 October 2009 Yahoo News
The Bank of England's policy of creating new money to buy assets and boost demand is masking the true appetite for government debt and cannot go on indefinitely, the Conservatives said Tuesday.
But Conservative leader David Cameron, tipped to become the next prime minister after an election which the Labour government must call by mid-2010, said it was up to the central bank to decide how and when quantitative easing comes to end.
"You can't go on indefinitely printing money in this way," Cameron told a news conference. "But it won't surprise you to know that I am a great believer in an active monetary policy and I am great supporter of Bank of England independence.
http://uk.biz.yahoo.com/27102009/325/t-print-money-forever-tories.html
