Quantative Easing.

In a far from surprising development a further round of quantative easing seems to be in the offing from the Bank of England. A spokesperson for the bank told this reporter; "It seems that the high street banks have, yet again, failed to put enough currency into the economy to keept the wheels turning so we've got no choice but to do their jobs for them. It makes you wonder why we bother with them at all. What's the point of keeping a really expensive dog and then barking yourself?" Asked this very question George Osbourne, rumoured to be the Chancellor of the Exchequer said; "Of course the banks provide a very valuable service in this country. Where would all the retiring cabinet ministers go if not onto the board of banks? In addition we have some of the most experienced scroungers in the history of the world working in the banking sector and we wouldn't want to lose that expertise simply to hold them accountable for the rubbish job they've done so far. OK, we might be heading for a double dip recession and they might be totally useless as banks but is that any reason to regulate them? I certainly don't think so."