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Archive for the The economy Category
Quantitative Easing - Is It More Than Printing Money?
06/03/2009 by bill.
The Bank of England yesterday announced that it is going to pump £75bn into the UK economy to boost the struggling economy a process known as quantitative easing or as it is more commonly known, printing money.
Few of us that are not economists really understand what is involved. Click here for a video of a BBC interview with an economist that may help explain things.
Click here for a BBC interview with the Governor of the Bank of England explaining why the Bank has decided to go ahead with quantitative easing.
More about money matters on moneyjungle.net
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