4 ms·
Are you sure? M0 includes reserves - as in money deposited at the central bank by commercial banks. Reserves are increased by quantitative easing, the source of
by CraigJPerry 4y ago
Are you sure? M0 includes reserves - as in money deposited at the central bank by commercial banks. Reserves are increased by quantitative easing, the source of the additional reserves is nothing other than a decision.