QE can mean many things to many people. Mostly in today's context it has nothing to do with the Queen or the mighty ship that sailed the Atlantic. It is an economic term to qualify mumbo jumbo that large governments use to manipulate money supply.
However, the QuEasy factor can be introduced both on the ship as with the monetary waves.
That right there is more mumbo than the largest jumbo can handle. When faced with sluggish economies that are over their head in debt and people are not spending (because they are in debt) the central bank uses what it calls levers at its disposal (wonder why anyone will use something that is disposed) to put the nitrous in the engine. Sort of a turbo boost.
It starts buying long term securities and bonds by printing money. Artifically creating a large money supply drives cost of borrowing down and is assumed to juice growth.
Still not clear what the Easing is and how Quantitative it gets. Especially when other broke nations are talking about tightening. Fed up with this nonsense its time for the governments to Belt Out a new tune.
Here is another essay on the subject of first names. As in birth names. Or names provided to an offspring at birth. While the developed world tends to shy away from the exotic like Refrigerator or Coca Cola for their new production there is a plethora of Jims and Johns and Bobs or Robs. Speaking of which I do not think there is a categoric decision point at the time of birth if a child will be hereafter called as Bob. I mean have not yet met a toddler called Bob or Rob for that matter. At some point though the parental instinct to mouth out multiple syllables runs out and they switch from calling the crawler Robert to simply Robbie to Rob. Now speaking of - it is strange that the name sounds like something you would not want Rob to do - i.e. Rob anyone. Then why call someone that? After all Rob Peter to Pay Paul is not exactly a maxim to live a young life? Is it? Perhaps Peter or Paul might want to have a say in it? Then there is this matter of going to the John. Why degrad...
Easy Queue for bankruptcy?
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