Confidence is back, this is a serious amount of money, an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply. Quantitative easing increases the money supply by flooding financial institutions with capital in an effort to promote increased lending and liquidity. Quantitative easing is considered when short-term interest rates are at or approaching zero, and does not involve the printing of new banknotes. This should have happened two years ago, but better late than never.
Posted on: Fri, 23 Jan 2015 00:51:15 +0000
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