"quantitative easing"
http://www.guardian.co.uk/business/2009/mar/06/bank-of-england-printing-money1
whats all this about then?
http://www.guardian.co.uk/business/2009/mar/06/bank-of-england-printing-money1
whats all this about then?
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so a lower interest rate on loans and things is supposed to promote spending but at the same time making less money for banks/government?
Move your money into a euro zone account, why dontcha? rabobank or somethingscrapping the bottom of the monetary intervention barrel.
the central bank normally rely on interest rate interventions but they can't go much futher as we're down to 0.5% ---- which is twat for people like me who have been saving instead of borrowing...
and does making more money drastically lower its value?
Move your money into a euro zone account, why dontcha? rabobank or something
Broken Arm: Do you think that Britain will join the Euro soon?
Is there a danger of hyper-inflation with this? If so, why?
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