Qe2

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The Queen Elizabeth 2 , or QE2 as she is commonly known was the flagship of the Cunard Line for nearly 40 years. QE2 made her maiden voyage in 1969 and was one of the last great Transatlantic liners. At 70,327 tons and 963 feet long with a top speed of 32.5 knots she is also one of the fastest and grandest passenger vessels ever built. QE2 is arguably the most famous liner in the world.

At the time of retirement, the ship had a gross tonnage of 70,327 and is 963 ft (294 m) long. She had a top speed of 32.5 knots (60.2 km/h) with her original steam turbines; this was increased to 34 knots (63 km/h) when the vessel was re-engined with a diesel-electric powerplant. [7] [8] [9]

Expansionary monetary policy to stimulate the economy typically involves the central bank buying short-term government bonds to lower short-term market interest rates. [13] [14] [15] [16] However, when short-term interest rates reach or approach zero , this method can no longer work. [17] In such circumstances, monetary authorities may then use quantitative easing to further stimulate the economy by buying assets of longer maturity than short-term government bonds, thereby lowering longer-term interest rates further out on the yield curve . [18] [19]


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