People are understandably worried about the lasting impact that quantitative easing has had on the economy, but there are also a lot of misconceptions. “It‘s hard to go through a work day in the markets without hearing someone proclaim that central banks are printing money through quantitative easing,” write Nomura Group analysts Anthony Morris, Swati Aggarwal and Gerald Rushton. “The implication is that the major central banks are today acting like old-school third-world governments, running the printing presses to pay their bills.”
Link between quantitative easing and broader money supply is unclear
The connection between the Fed’s accommodative Setup a free account to get access to this article (no credit card required).Login required to continue reading.
Already a member? Log in here
