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quantitative easing, Q.E. N

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States engaging in competitive devaluation since 2010 have used a mix of policy tools, including direct government intervention, the imposition of capital controls, and, indirectly, quantitative easing. en.wikipedia.org

They hold these assets as part of quantitative easing or as a currency peg. www.ftseglobalmarkets.com

This will erode improvements in cost structures and competitiveness engineered through currency devaluation by low interest rates and quantitative easing. www.independent.co.uk

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