Thursday, 7 June 2012

What is QE?

Quantitative Easing - what is it?

Maybe we need to remind ourselves, because the bank of England might do it again today.

It's a way of pumping money into the economy, to encourage more spending, investment and growth.

First the Bank pumped in £200bn, then another £75bn, then from last February another £50bn.

But how is it done?

Here's the Bank's explanation.

And here's mine from 3 years ago, when the Bank first did it.

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