Mark - the money gets printed (Quantitative Easing), given to the bankers (Bonds Purchase), the bankers (Bonuses) buy expensive foreign brands and in the meantime the prudent savers get hit with inflation, insulting rates and have to watch as our trade deficit further hits confidence and prompts another "cycle of madness".
An alternative strategy is to print money to invest in the infrastructure for a greener lifestyle. Investment in green energy rather than bankers contrived bonds is non-inflationary, creates jobs, new markets in new products and is a robust and prudent strategy for the mid term, unlike the panicky, reactionary short-term prop of QE which is typically dissipated abroad.
Did you know that some cities in Germany are now exporting their green energy production and citizens pay nothing for their energy! Here's a glimpse of a coherent, joined-up strategy...
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