“Printing money is the last resort of desperate governments when all other policies have failed. It can’t be ruled out as a last resort in the fight against deflation, but in the end printing money risks losing control of inflation and all the economic problems that high inflation brings.”

George Osborne

Remember these words in a few hours’ time..

As Ian Robathan who unearthed this little treasure in his journal ‘Labour News’, words do have a habit of coming back to haunt you!