The Bugle on quantitative easing

This is probably the best explanation so far of exactly how ‘quantitative easing’ works:

So the [UK] government has responded in traditional style by throwing more money at the problem, more quantitative easing. As St George, our [the UK's] patron saint used to say, the best way to kill a baby-eating dragon is to continue feeding babies to it until it's too fat to breathe. Because in the long run, you'll make a net saving on babies.

Thanks Tim for the recommendation of The Bugle. I like Episode 86 best so far I think.