量化宽松
摘要:Quantitativeeasingiswhatnon-economistscall'turningontheprintingpress'.Inextremecircumstances,governmentsfloodthefinancialsystemwithmoney,easingpressureonbanksbygivingthemextracapital.Underthispolicy,theauthoritiesbuyupbondseitherfrombanksorfromthecommercialsector.Therearetwopotentialbenefits.Thefirstisthatthebanksgetcashinexchangeforthegiltstheysellbacktothegovernmentandtheincreaseinthemoneysupplyleadstoanincreasedvolumeoflending.Thesecondisthatdecreasingthesupplyofgiltspushesuptheirprice.Whengiltpricesgoup,giltyieldsgodownanditisgiltyieldsthatdeterminelong-terminterestratesforoverdrafts,somefixed-ratemortgageproductsandmostbusinesslending.Thispolicywasfirsttriedinthe1930sandhasb
温馨提示:当前文档最多只能预览
5 页,若文档总页数超出了
5 页,请下载原文档以浏览全部内容。
本文档由 匿名用户 于 2022-05-22 23:50:24上传分享