A rather well argued article on the Anglo-US central banks strategy to prevent economic woes - print money.

A taster:
It’s a “promise to pay” – but with what? In effect, the counterfeiters and the Old Lady are in the same business: producing something for nothing, money from thin air. The only discernible differences are legality and scale of ambition: through its recent programme of quantitative easing, the Bank has printed an extra £200 billion – and is tempted to keep going.
Link:http://www.telegraph.co.uk/finance/c...f-England.html