Comment by mono442
7 hours ago
Qe, yield curve control or possibly other market operations. There won't be any real consequences, it's just an asset swap. They buy bonds and in turn create new interbank reserves.
7 hours ago
Qe, yield curve control or possibly other market operations. There won't be any real consequences, it's just an asset swap. They buy bonds and in turn create new interbank reserves.
QE is effective when inflation is low or negative. It creates a larger money supply. Inflation is already high.
If there are no bad consequences, why haven't they done it yet?