Results (
English) 3:
[Copy]Copied!
Of course, it was not the mass production of new banknotes, but the interventionist purchase of assets, which the US Fed, the Japanese Bank of Japan, and then the European Central Bank, conducted on the market, financing this with new issues of the dollar, yen and the euro. This had exactly the same aim as lowering interest rates: to provide liquidity to the banking sector so that it can give new loans to companies, and so that they can produce more, give jobs, develop.<br>
Being translated, please wait..