2018 is off to a good start with the national French magazine Alternatives Économiques (Economic Alternatives) dedicating a special feature to the QE for People Campaign! Particular emphasis was on the alternative monetary policies that QE for People champion such as getting central banks to direct cash transfers to people instead of big corporations.
The European Parliament passed a preliminary version of its annual report on the European Central Bank, which includes a number of criticisms and proposals that the QE for People campaign has been making.
In contrast to the European Central Bank's conservatism, central banks in emerging and developing countries are far more innovative when it comes to supporting financial policies to mitigate climate change.
Echoing a series of critics by NGOs and academics, a group of 24 Italian MEPs are questioning the European Central Bank’s purchase of bonds from the gambling multinational Novomatic under its quantitative easing programme.
On Thursday 26th October, the European Central Bank is holding its Governing Council meeting. This meeting will be closely watched by many, as important changes to the quantitative easing programme are expected to be announced.