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I'm sure the Fed asked this article be written. They're buying assets from banks and giving them money. What is your definition of QE?
by freejulian85 7y ago
I'm sure the Fed asked this article be written. They're buying assets from banks and giving them money. What is your definition of QE?
- elSidCampeador 7y agoDid you read the article? They specify the definition of QE (indirectly) there.
- freejulian85 7y agoPer wikipedia (https://en.wikipedia.org/wiki/Quantitative_easing https://en.wikipedia.org/wiki/Quantitative_easing): Quantitative easing (QE), also known as large-scale asset purchases, is a monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assets in order to inject liquidity directly into the economy. The fed is buying treasuries and MBS's on a nightly and ongoing basis from the banks to the tune of $100B. Is that not large scale? Are those not assets? Is this not injecting liquidity into the economy? Hell, you can actually see the increasing fed balance sheet from their own data! https://fred.stlouisfed.org/series/WALCL https://fred.stlouisfed.org/series/WALCL
- simplecomplex 7y ago“repo operations”, “quantitative easing”, and “emergency asset relief” are all fancy methods of printing money.
- coliveira 7y agoPrinting money in itself is not the problem. The problem is where this money goes and what is made of it. Operations such as QE are designed to inject money on the hands on the top of the 1% richest.