MT Week - What is quantitative easing and how does it affect you?

A follow on from last week

Last week, I wrote about the Bank of England’s outlook on the next two years and mentioned that quantitative easing should be thought of as printing money, but it’s important to know that no physical currency is printed - it just has the same effect.

What actually happens is that the Bank of England buys up large amounts of bonds, mainly those issued by …