Infographic Instant with Bryane Michael
Infographic Instant with Bryane Michael
Bryane Michael
Why Should Central Banks Buy Private Securities as Part of Monetary Policy?
5 minutes Posted Aug 22, 2017 at 11:00 am.
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Central banks conduct monetary policy mostly through government securities markets (ie they buy and sell government bills, bonds, etc.) -- when not directly tampering with interest rates. Why should governments buy companies' securities directly - rather than support banks to do this? For more, see: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3023795