NEXT, explanation of what QE is and how it works:
http://www.guardian.co.uk/business/2009/aug/06/quantitative-easing-questions-and-answers
And this shows Bank of England interest rates from 1694 (!) onwards:
http://www.guardian.co.uk/business/interactive/2008/nov/05/interest-rates-history
Finally, not from the Guardian but somewhat of an explantion for the need to expand the money supply....................
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