Memo to the Bank of England:
If you must print more money, for the love of all that's good and holy, don't give it to the banks.
You got £75 billion and want to stimulate the UK economy? Fine, give every Briton £20 a week for a year. The poorest will spend it (thus stimulating the economy), the richer will save it (thus improving bank liquidity). Everyone wins. Even the people you're robbing (savers) get some compensation.
And maybe the unwashed masses won't be quite so quick to blame you and your cronies for robbing them of their chance to have a stake in society, if you cut them in on the loot.
By giving the money to bankers, you miss all of these opportunities. All you're doing is bribing your own key constituents. That's very nice for you, but at this stage it might not be greatly overstating the case to call it "fuelling the boilers of the revolution".
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