I need your captions for a cartoon/montage/satirical image that has not been created yet. Hence, a reverse caption competition. I am not proud to admit that 'quantitative easing', like 'naked short selling' before it (see previous montage in this blog), has been on my mind. The euphemistic lexicon of high finance and the recession fascinates me.
So, give me your captions for 'quantitative easing'. Obvious images come to mind and that is not a bad thing. Shirley Williams on tonight's Question Time played with a metaphor that I had also been thinking of. But I don't think I need to help you any more. What's in it for me you ask? Just the recognition of having created a great caption. No cash prizes I'm afraid (we are in a recession for Pete's sake!). Fill in a comment form below and please include a first name (or moniker) and a location from where you are writing so I can thank you. If you want to create a cartoon or montage and go the whole hog that's fine too.
Perhaps understanding what quantitative easing actually is is half the battle. The BBC is quick to remind us that what it is not is the physical printing of new money, oh no no no no no no no , as the Churchill dog might say:
Quantitative easing is sometimes incorrectly referred to as printing money, but the Bank will not expand the supply of money by making new banknotes. Instead, it will buy assets - such as government securities (gilts) and corporate bonds.That's told you hasn't it. Anyway don't let me cramp your style just send me your captions and if you must describe what you think is going on in the cartoon then you can. Phew! Talk about difficult!

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Richard