JEREMY Corbyn has hit on something when he talks of Quantitative Easing (QE) for the people (“Why a bad press will not bother Corbyn”, The Herald, September 15), but if he involves the private banks this will inevitably become QE for them and their rich customers, as did our last £375 billion of QE, which represented a staggering £6,000 for every person in the UK, but simply disappeared.

Just imagine – £24,000 for a family of four – yet they did not see it, or the effect of it.

Instead, it fuelled the stock market and the price of classic cars, as what the banks did not keep for themselves was lent to their speculator friends, who made handsome profits.

Any QE for the people, as Mr Corbyn clearly intends, should be injected into the veins of the real economy by means of a National Investment Bank aimed specifically at the have-nots in our society, and not passed to the rich kids in the hope of a trickle-down effect that will simply not happen.

Malcolm Parkin,

15 Gamekeepers Road, Kinnesswood, Kinross.

LABOUR is not divided (as Alex Salmond claims).

There are a few parliamentary dinosaurs who can’t smell coffee or asteroids, but the rest of us know that by 2020 – with austerity still restricting demand and capacity for economic recovery – it will be Labour with its ecomomic growth programme that will have the levers and the resoluteness to get us out of the mess of debt, job insecurity and dire poverty which other parties have no answer to.

While the SNP can only make the moral case against austerity, Labour can also make the intellectual case (with the support of many top economists).

While the SNP can only agonise over currency and therefore can give Scotland no creditable economic future, Labour can once again take the high ground combining growth with fairness for all.

Andrew Vass,

24 Corbiehill Place,

Edinburgh.

THANKS to Jeremy Corbyn, not just a breath but whirlwind of fresh air has hit the British political scene. Here is a politician who speaks in plain language, spelling out clearly the policies he will pursue to improve the lives of people in this country. After years of empty words and negative progress from the Conservatives and New Labour, it has become impossible to distinguish one from the other.

Mr Corbyn is challenging the role of the free market economy. Our world is run not by politicians, it is run by money and the millionaires, billionaires and trillionaires who control that money.

The present economic system in the UK creates an obscene distribution of wealth between rich and poor. We have 750,000 millionaires, 2.3 million unemployed, and 1m people using foodbanks in the UK; there is clearly need for reform.

Mr Corbyn has opened up the political debate and hopefully by his actions many more people will become politically conscious and join in the effort to improve the loves of many in our country.

Bill Prentice,

44 Pendreich Grove, Bonnyrigg, Midlothian.

TWICE in his first week as Labour Party leader TV footage has shown Jeremy Corbyn wearing a tie.

Admittedly, it could be the same tie, but does this mean that already he's becoming one of us?

R Russell Smith,

96 Milton Road, Kilbirnie.