November 4th, 2010
03:54 PM GMT
The Bank of England also has done quantitative easing
First a big cruise liner…now a big economic gamble. The U.S. Fed’s decision to print an extra $600 billion takes America and the rest of the world into unchartered territory. We know why Bernanke did it. To try and stop deflation from undermining the U.S’s fragile recovery. But it’s a risky business, and we don’t yet know if it will pay off. On this week’s Q&A, Quest and Ali do battle over just how exactly you create money from nothing, and whether it can end the economic downturn. Tune in tonight, Thursday to watch and leave us ideas for next week’s Q & A in the comments section (right underneath here).