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That's because interest rates were already at zero. Look over to what BOJ did - they straight up bought equity ETFs as a part of their qe, even more hardcore. S
by H8crilA 7y ago
That's because interest rates were already at zero. Look over to what BOJ did - they straight up bought equity ETFs as a part of their qe, even more hardcore. Still, not much inflation!
- whatshisface 7y agoQE controlled inflation by reducing the fractional reserve rate, thereby counteracting the minting of money with the reduction of credit-money.