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.
Cool cat the Japanese are Tokyo at dusk My second visit to this land of the rising sun after almost a decade. Back then clearly I was wet behind the ears product manager and likely didn’t pay attention to all (efficient) things Japanese. But today I did and of course continue to be impressed. It is as much the obvious stuff like on time travel that is both clean and comfortable and all that which makes it possible. The impressive landmark and landscapes that these humans have put together despite their cramped (or because of it) surroundings and precarious geological conditions could amaze a novice architect among us. But it’s also the little things that someone had to think about which have a phenomenal impact on day to day lives that make the Japanese stand apart. Below are few random examples- 1. Providing a very fine machined wooden toothpick in every packet of wooden chopsticks. The said chapsticks are simply set on the To Go counter of any food vendor/ convenience store wher...
Easy Queue for bankruptcy?
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