No. What we've seen over the past 10 years is high levels of quantitative easing. Bonds and assets being sold by Government to the central bank in exchange for more print, which allows them to avoid uncontrollable levels of inflation. Problem is, it was only ever a short term solution for reducing the yearly deficit. Many of the assets flogged off were high tax generators which will ultimately result in the yearly deficit rising again, unless they make the brave decision to hike up tax rates considerably, which the tories know would be a one way ticket out of Government.