Analysis

Quantitative Easing was the drug prescribed by economists to keep Western economies functioning in a moment of crisis. Sunday Telegraph economic commentator Liam Halligan argues that the policy of money creation has now become a dangerous addiction.Interviewees include:Dr Adam Posen, President of the Petersen Institute for International Economics in Washington DC Stephen King, Chief Economist of HSBC Jim Rickards, author of Currency Wars Professor Richard Werner, Chair in International Banking at Southampton University Dan Conaghan, author of The Bank: Inside the Bank of England Dr Philippa Malmgren, former financial markets advisor to the US PresidentProducer: Phil Kemp.