What happens when we create more quantitative easing?

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Sometime very soon we are going to have an announcement from the Bank of England that they are going to create more quantitative easing. An extra £100 billion is forecast**.

So what happens when more quantitative easing is created?

This is one of two posts on this issue planned today, and there will be more in quantitative easing over the next week. But start with this:

** It turned out it was £150 billion