There is no doubt that the recession has hit almost everybody hard, and right where it hurts as well. The Bank of England has announced plans to inject a further 50 billion pounds into the British economy. Yes, that's right, £50,000,000,000 more is going to be lurking around our economy, simply devaluing the GBP against other currencies, and fuelling inflation, making everything cost just that little bit more. The last estimate of the UK population was at 62,300,000 people, which means, theoretically we will all be around £802.50 better off - but in a country where a small percentage of the population owns a large percentage of the wealth, that simply won't be the case.
This isn't a new concept either, Germany did the same thing at the end of World War I in order to pay for the extraordinary war debts, and this lead to America consistently investing the the broken German economy. In a world where every country seems to have some debt, I simply wonder, what can our economy look forward to?