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This news item in the Telegraph about the Bank of England is worrying, if one is concerned about the cash : credit ratio in the money supply.
The title is Bank of England to buy bonds and loans in first step towards quantitative easing.
Please note what I wrote about quantitative easing in Wikipedia and on BlogCritics.
The announcement by the Bank of England is also published by EasyBourse which refers to the ‘monetary base’.
Filed under: Bank of England Tagged: | Printing credit, Quantitative easing
[...] where I’d like to know whether they also talk about “credit money” in general and quantitative easing as the way of central banks supplying banks with credit [...]