I see today, to quote from just one news source,
"The Bank's Monetary Policy Committee (MPC) voted to increase the quantitative easing (QE) programme - effectively printing more cash - from £275 billion to £325 billion despite the risks it poses to the country's inflation rate. "
I understand that if there's more of anything about then its worth is devalued. But does this mean there are literally physically more fivers in circulation? And even if there are, I don't see how they get out there? It's not like I get a bundle of them in the post, or my salary goes up, or anything.
Without resorting to long techy explanations, what does this actually mean? Bear in mind my most astute financial observation was when at the age of tiny I discovered to my horror that decimalisation meant only ten goes on the penny machines for two bob instead of twenty four, so be gentle.
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