Rejected petition Say "No" Bank of England economic stimulus to reduce Brexit economic impact

Governor Bank of England warned prior EU referendum, potential Brexit negative economic impacts. Few listened

Those with Free Market ideology were loud voice seeking to leave EU. No need for Bank of England to stimulate economy if EU exit is beneficial to UK.

Resist economic stimulus. SAY NO

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Monetary policy economic stimulus tools of Quantitative Easing & reducing interest rates don't immediately benefit vast majority of citizens.

Monetary policy tools significantly benefit UK financial industry & those with assets.
(The Rich get Richer the Poor get Poorer)
"Trickle down" economics does not work

UK citizens who voted to remain part of EU must now rise up and "SAY NO" economic stimulus

Many who voted leave EU voted thinking there would not be negative economic impacts

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

The Bank of England is independent of the Government and Parliament.

We only reject petitions that don’t meet the petition standards.

Date submitted 15 July 2016
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