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Endless QE? $6 trillion and counting
Posted By admin On June 13, 2012 @ 7:15 am In Money Watch | Comments Disabled
June 13, 2012
Many more years of money printing from the world’s big four central banks now looks destined to add to the $6 trillion already created since 2008 and may transform the relationship between the once fiercely-independent banks and governments.
As rich economies sink deeper into a slough of debt after yet another wave of euro financial and banking stress and U.S. hiring hesitancy, everyone is looking back to the U.S. Federal Reserve, European Central Bank, Bank of England and Bank of Japan to stabilize the situation once more.
What’s for sure is that quantitative easing, whereby the “Big Four” central banks have for four years effectively created new money by expanding their balance sheets and buying mostly government bonds from their banks, is back on the agenda for all their upcoming policy meetings.
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URL to article: http://www.prisonplanet.com/endless-qe-6-trillion-and-counting.html
URLs in this post:
 Reuters: http://www.reuters.com/article/2012/06/13/us-economy-qe-idUSBRE85C07220120613
 Update: Make That 15 Trillion; BOJ Raises Liquidity Injection To JPY12 Trillion ($146 Billion): http://www.prisonplanet.com/update-make-that-15-trillion-boj-raises-liquidity-injection-to-jpy12-trillion-146-billion.html
 U.S. cost of war at least $3.7 trillion and counting: http://www.prisonplanet.com/u-s-cost-of-war-at-least-3-7-trillion-and-counting.html
 Standard & Poors Cuts U.S. Outlook to Negative Because Both Parties Keep Throwing Money at Endless Wars, Endless Bailouts and a Ponzi Financial System: http://www.prisonplanet.com/standard-poors-cuts-u-s-outlook-to-negative-because-both-parties-keep-throwing-money-at-endless-wars-endless-bailouts-and-a-ponzi-financial-system.html
 Did A Large European Bank Almost Fail Last Night?: http://www.prisonplanet.com/did-a-large-european-bank-almost-fail-last-night.html
 A Quadrillion Yen And Counting – The Japanese Debt Bomb Could Set Off Global Panic At Any Moment: http://www.prisonplanet.com/a-quadrillion-yen-and-counting-the-japanese-debt-bomb-could-set-off-global-panic-at-any-moment.html
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