March 3, 2009
How to stop deflation?
Story link: How to stop deflation?
Quantitative easing is just one way that could ‘potentially’ ease the possibility of deflation, but it is by no means a definitive way of doing so.
It is good to see that the Bank of England are looking into new ways of stabilizing the economy, but so far, nothing they have done has been fruitful.
The Bank of England is set this week to begin “printing money” in a ground-breaking move that will mark its most forceful action yet to curb the slump in the economy.
The Bank’s Monetary Policy Committee is expected to act on Thursday, as soon as it is given a final green light from Alistair Darling to begin the so-called quantitative easing.