The Bank of England has joined the U.S. in quantitative easing. MarketWatch News quoted the BOE’s Mervyn King this morning saying..
“Such measures are known as quantitative easing and amount to effectively printing money in order to boost the money supply.”
http://www.marketwatch.com/news/story/Bank-England-ready-boost-money/story.aspx?guid={43C469BB-02A8-4D35-A6C1-9C9956AAEB79}
” The Bank of England is prepared to further ease monetary policy and could buy British [...]
Bank Of England Joins US Fed In Quantitative Easing
February 11th, 2009 · No Comments · Gold & Silver News
Tags: Bank of England·Ben Bernanke·BOE·Central Banks to print money·Mervyn King·Monetization·Monetize the Debt·Money Supply·Quantitative Easing·US Fed