Tuesday, 20 January 2009

Bank of England edges closer to 'printing money'

7 comments:

Nicky said...

There is not enough cash in the economy which means, that government had to take the first step towards quantitative easing by authorising the Bank of England to buy almost £50 bn of private sector...This step should encourage banks to lend money to each other again..

Justintime said...

come on,come on,come on,££££££££££ i am looking forward to it. There may be many unknow consequenses but i do know that is likely lead to devaluation.

qiongke said...

same opinion as justin,GBp seems will lose value

E. Vicente said...

The problem of printing money it will make the pound weaker which can have a big impact in imports

Fabio xu said...

Quantitative easing attempts to halt the pace of economic decline in the UK.

chaoya zhuang said...

printing money might cause the inflation, but now it is deflation, so it might not cost a lot. but the government sill should be careful with it.

Alex Byun the POK said...

PrintPrintPrint and exchange rate go downdowndown