Quantitative easing: a video explanation

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After more than a decade of use we should be getting familiar with quantitative easing. But like so many aspects to the economy, and almost anything to do with money and government funding, it remains a dark mystery to many.

The daily evidence that it provides that a central bank - in the UK's case the Bank of England - can fund government spending - is also frequently denied, even by the Bank itself, for wholly political purposes. So, this video is relevant when there will be no less than £300 billion of QE this year:

 


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