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The Economy (Supporting Business)

My right hon. Friend rightly points out some of the concerns about the level of quantitative easing. Given the amount of money that has been printed by the Government, much of which to date is being hoarded by the banks, there is a potential inflationary problem. He says "provided that too much money is not printed." How on earth can we possibly judge when that point is reached—when too much has been printed, or, indeed, is about to be unleashed into the economy at large?