Journal Article

The downside of quantitative easing


Abstract: Current excess reserves could create a massive increase in the money supply if banks significantly increase their lending or investing.

Keywords: Financial crises; Money supply; Monetary policy - United States;

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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/10/ES1034.pdf

Authors

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2010

Order Number: 34