The RMS Queen Elizabeth was the largest passenger ship ever built when she first set sail in 1938 – a record that was not bettered for 56 years. RMS Queen Elizabeth 2 took over as the flagship when the Queen Elizabeth was retired in 1968. The record of another QE, the quantitative easing in Japan in 2001–06, may not hold quite as long. The new QE2 – the second coming of quantitative easing – has been upon us since September 2008.
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