Printing Money and the Bank of England

BBC News: Reports on the news that the Bank of England is to pump another 75 billion in to the economy. At its most basic the Bank will buy Government Bonds from the Banks and then the Banks should buy shares in companies, invest in small business, the first two hundred billion during the Gordon Brown Era kept the UK going, but has not solved the basic problems, the Banks have been told by the Government to keep enough in the till should bad loans go bad, the banks have taken this to far, they are not giving money out to small business, even good companies with a good track record are finding it hard to get money out of the banks. In Europe it has been reported that the European Central Bank is to give long term loans to banks that require short term loans to balance their books. This should make banks leading to each other easier, but then there is still Greece, that is the black hole at the centre of the EU.