5 ms·
That would be only delaying the issue, as QE is a program of buying bonds with imaginary money, not giving out the imaginary money for free. Bonds have maturity
by xxxyy 12y ago
That would be only delaying the issue, as QE is a program of buying bonds with imaginary money, not giving out the imaginary money for free. Bonds have maturity dates.
http://www.forbes.com/sites/robertlenzner/2013/11/25/the-fed-has-been-cornering-the-treasury-market-for-the-past-four-years/ http://www.forbes.com/sites/robertlenzner/2013/11/25/the-fed...
- lifeisstillgood 12y agoI'm not sure about that. Buying bonds is merely one of many mechanisms to stimulate demand in the assumption we are in a demand poor crisis. Demand in Greece is sooo depressed because of the enormous debt that relieving it at all will have a positive demand experience. Add to which Keynes original idea is to bury the money in bottles and any form of monetary supply increase is good. I think I agree with downthread - finances as a form of control - it's a banker mentality.