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To: PGR88
I would like someone to explain to me how central banks get money for “quantitative easing.”

Central Banks create money out of thin air. They can then use this money to be the lender of last resort in a financial panic.

That's why central banks were created.

Is this not sheer money-printing, designed to manipulate markets and interest rates, support governments,

Yes. Absolutely.

60 posted on 09/20/2017 11:25:20 AM PDT by Toddsterpatriot (TANSTAAFL)
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To: Toddsterpatriot
Central Banks create money out of thin air. They can then use this money to be the lender of last resort in a financial panic.

Its nice work, if you can get it.

61 posted on 09/20/2017 11:39:13 AM PDT by PGR88
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