Much comment has been given over this week to the UK Government’s policy of ”Quantitative Easing” ie increasing money supply. Already doubt has been cast on this policy. For instance, in The Independent today it is suggested that money thus created will go to foreign investors rather than provide a fiscal stimulus to the domestic economy.
@ Smart Limits to Growth we are looking for precisely the opposite to this Government’s policy on money supply with regard to the supply of development land. Also in this week’s media has been much comment on the many stalled regeneration projects around the country. We do not need a large-scale release of greenfield development sites.