We can print extra money, that's basically what quantitative easing was.
The Bank of England wasn't lending money to the government, it was buying other financial products to stimulate the economy.
The risk is increasing inflation, so it probably wouldn't be wise to repeat it now with inflation already high.
( , Wed 9 Feb 2011, 0:39, Share, Reply)
The Bank of England wasn't lending money to the government, it was buying other financial products to stimulate the economy.
The risk is increasing inflation, so it probably wouldn't be wise to repeat it now with inflation already high.
( , Wed 9 Feb 2011, 0:39, Share, Reply)