The money has gone out of the Country to off set international bad assets and into the coffers of the banks to offset their bad assets so they can claim improved profits in certain areas for bonuses. Just likethe MPs expenses once the dust has settled and the reforms debated, the very reforms that should have come in with the last speaker andthe MPs voted out, will be delayed, watered down, or simply ignored with the same gravy train in place a bit like the actual end game of QE. In 2 - 3 yrs time or less! peole will ask (we each owe £4350 ) what happened to all that money pumped in and MPs, BoE, will shrug and smile and point in three different directions other than at themselves!