Printing Money Graphic

There is much in the press this morning about the fact that the Bank of England has asked Alistair Darling if it can begin the process of ‘quantitative easing’ (many refer to it as ‘printing money’). What does this actually mean though? There is an excellent graphic in today’s Times that makes it all a little clearer.

There was also a good blog from the BBC’s Economics editor Stephanie Flanders yesterday on quantitative easing.

Heather Stewart is also on good form this morning with a good Q & A piece in today’s Guardian.