Will Mervyn loosen the purse strings?

The one phrase missing from yesterday's Government announcement about help for the banks and help for the economy was 'quantitative easing'.
This is the point at which the Bank of England overcomes a chronic lack of credit by the simple expedient of printing more money.
If it happens, it will be a huge moment.
Mervyn King, the Governor of the Bank of England, is in Nottingham tonight to address local business people. I've interviewed Mr King at length a couple of times before, and a nice, easygoing chap he is too.
No interview this time, though. In a clear sign of the heightened sensitivities surrounding the Bank's activities, he is being kept off limits from me and other journalists.
What they are all eager to know is whether there will be any kind of coded hint in his speech about measures related to the money supply in the UK economy.
The Bank of England's press office (now led by former BBC Daily Politics presenter and ex-Bank economist Jenny Scott) will have been busy with a Thesaurus checking the alternative meanings of every word he is due to utter in Nottingham.
I'm going to get mine out, too and see what the alternatives are for 'loosening the purse strings'.