Quantitative easing

[piskieinboots]

What a lovely term - do you think 'they' will mind if we print our own dosh

[FionaH]

Fab phrase, any idea what it means?

[Headfry]

quantitative easing.....I thought that was me putting on my trousers the morning after a big meal

[SarzWix]

Oh gawd, are they actually going to do it?? Wheelbarrows on stand by to take the money to the supermarket.... Mars bars costing £100 anyone?!

[Comfreyfan]

Sounds like a really bad idea to me! I don't understand the finer points, but for a start anything with a stupid name like that can't be good.

[zazen999]

I thought they were just going to generate more 'work' not more actual money.

I could be wrong. It does sound like the sort of thing that would happen at work at elevenses after a heavy night out with the lads.

*goes off to mend puncture in wheelbarrow

[FionaH]

Off to lidls when it stops snowing. Wonder if I can personally kick start the economy?

[StephenH]

I first heard this phrase on the Radio this morning, and thought it sounded like a powerful laxative.

[HeyWayne]

I haven't seen it yet, but I hear it's not as good as Casino Royale.

[Alice]

What a lovely term - do you think 'they' will mind if we print our own dosh

I was trying to print some for myself last night to make up for the interest cut but my machine was printing them too pale

[Flummery]

I wish I could ease MY quantities! Half a stone would do for starters!

[SueA]

I read about it this morning & for the life of me I can't understand how printing more money is supposed to help? But then I'm not some fat cat banker on an enormous salary & waiting to fail & collect my wopping pension!

[SarzWix]

I don't think they will actually print any more money (yet), the Bank of England just adds a few zeros to their virtual coffers. Then they lend the pretend money to the other banks, who feel a bit richer, so they lend a few more business money and give a few more people mortgages. As it's all done as numbers on bits of paper, they don't have to do anything except fiddle the computers! In a worst case scenario, it'll devalue the pound to the point where we'll be like the Italians were with their lire, or the Eastern Europeans (Was it russia?) where there was images of people taking wheelbarrows full of cash to the shops

[Flummery]

We've got into this whole mess through people lending out 'pretend' money.

[shirlthegirl43]

I really do feel that making sure the minimum wage was enough to go shopping with (after paying the mortgage) would help more than any of the other measures tried so far.