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DanAronG
Joined: 17 Oct 2008
Posts: 103
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| Posted: Fri Mar 20, 2009 10:07 am Post subject: Is the Uk familiar with quantitative easing? |
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| Sure. In the 70's and 80's monetary targeting was seen in the Uk and remember the bank buys and sells government securities anyway as part of its day to day operations. In other countries they are considering a range of options such as quantitative easing in the U.S. although for the time being they are purchasing mortgage backed securities. In Europe they are considering the purchase of corporate bonds and other financial instruments but the net aim is the same. |
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Jenie0109
Joined: 27 Jan 2009
Posts: 307
Location: chicago IL
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| Posted: Thu Mar 26, 2009 11:48 am Post subject: |
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| What a smart strategy. banks always thinks of a way how to handle money diligently. |
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mariadonna
Joined: 06 Apr 2009
Posts: 1
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| Posted: Mon Apr 06, 2009 6:32 pm Post subject: |
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Hi guys, I am new to this forum and thanks for Dandarong for this post.
Regarding the post - It is usual strategy of British in 80's. This also continued upto 85. My grandpa was a part of it.
Happy that this strategy is not followed any more. Thanks. |
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