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Originally Posted by rayxi
The $20 billion in funds are interest bearing loans, not just a free cash infusion. It's not just the US. The European Central Bank is doing similar but for $500 billion. Bank of England did as well but I'm not sure how much.
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...it is not simply or, even "printing more money".
It's a bunch of bonds "sold" and the sales proceeds are
put into the system as liquidity.
There is a piper to pay for doing so, however.
I stayed awake mostly, during Money & Banking class,
