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Quantitative easing 'unpleasant'

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The Bank of England earlier this week made the decision to print a further £25 billion as part of its quantitative easing strategy. The latest decision takes the total amount of money printed over the course of the recession to £200 billion.

Stephen Bell, chief economist at hedge fund GLC, and Wilem Buiter Professor of European Political Economy at the London School of Economics, discuss the affects of further quantitative easing on the economy.

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