Re:Printing Money

As i am not a proffesional economist i can't say nothing exact about future economic situation. But I really believe that printing more money is not the right way to stimulate the economy.
On the one hand the increase of the amount of money in the economy MAY probably lead to even greater devaluation of the pound and as the result even greater inflation. I absolutely agree that inflation won't be as it is in Zimbabve or in Germany during the time between world wars but still the inflation rate will be much higher than it is now.
On the other hand this money will be used to buy toxic assets and as the result banks will have more money to lend businesses and households. That means that the first may produce more(shift of the SRAS to the right) and the second may buy more(because devaluation of the pound means that there are more money in the economy and so many ordinary people may suppose that they have more money[and plus they will think that the inflation will be even greater] so their MPS will decrease. In addition to that we should forget that devaluation of the currency means that it's cheaper for foreigners to buy products from UK so exports will rise and that is again an injection to AD)
The problem is that we can't predict exactly because it depends:if government will be made to print more money than needed there will be great inflation,but if the money will be printed only for buying toxic assets this will lead to increase in lending and as the result firms and companies will be able to take credits to produce more.
To my mind it may be not be a bad idea for the UK to join the Eurozone. Euro has shown itself as quite a stable currency and this will also improve trade conditions because more than 60% of all UK exports are within the European Union and single currency will may stimulate firms to export more(and as the result will stimulate aggregate demand of the country)