3 ms·
>as opposed to selling treasury notes to voluntary buyers; in essence, borrowing. ...from the Federal Reserve, which printed money for that purpose. "Quantita
by tsotha 16y ago
>as opposed to selling treasury notes to voluntary buyers; in essence, borrowing.
...from the Federal Reserve, which printed money for that purpose. "Quantitative easing" is printing money just as surely as if they'd fired up printing presses at the mint.