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	<title>Moneyizor &#187; Charles Bean</title>
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	<description>Money - The Big Picture</description>
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		<title>Bank of England to buy government debt</title>
		<link>http://www.moneyizor.com/2009/02/16/bank-of-england-to-buy-government-debt/</link>
		<comments>http://www.moneyizor.com/2009/02/16/bank-of-england-to-buy-government-debt/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 16:48:50 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Charles Bean]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Great Depression 2.0]]></category>
		<category><![CDATA[Recession]]></category>

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		<description><![CDATA[Bank of England Deputy Governor, Charles Bean, indicated today that the Bank is moving relentlessly towards the most controversial form of &#8220;printing money&#8221;, buying gilts, or Treasury bonds. He spoke in the context of a further adjustment on the downside for GDP this year. The previous forecast was -4 percent. That now has a 75 [...]]]></description>
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