Wednesday, March 04, 2009

Unit 2: Monetary policy: Quantitative easing - How it works and why it's needed

This BBC clip uses a car analogy to explain the process of quantitative easing

http://news.bbc.co.uk/1/hi/programmes/the_daily_politics/7925669.stm

This article also explains it

http://news.bbc.co.uk/1/hi/business/7924506.stm

This clip explains its role in conjunction with interest rate cuts

http://news.bbc.co.uk/1/hi/business/7926255.stm

But, if it all goes wrong, here's what could happen

http://news.bbc.co.uk/1/hi/business/7925981.stm

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