2 ms·
In part because QE was meant to shore up bank balance sheets, it wasn't meant to be lent. If it's not lent, it doesn't cause inflation. In simplistic terms.
by partiallypro 8y ago
In part because QE was meant to shore up bank balance sheets, it wasn't meant to be lent. If it's not lent, it doesn't cause inflation. In simplistic terms.