What on Earth does quantitative easing mean? How financial jargon alienates the masses

‘Quantitative easing’ is all the rage today after the Bank of England announced it is "increasing the size of its asset purchase programme by £75 billion to £275 billion". You what? Most people won’t have a clue what that means. Quantitative easing sounds like some kind of over-the-counter medicine or an A-level maths test. The reality is...