Quantitative easing
Quantitative easing (QE) is a monetary policy whereby a central bank purchases at scale government bonds or other financial assets in order to inject money into the economy to expand economic activity. Quantitative easing is considered to be an "unconventional" form of monetary policy, which is usually used when inflation is very low or negative, and when standard monetary policy instruments have become ineffective. The term "quantitative easing" was coined by German economist Richard Werner in 1995 in the context of the Japanese crisis.
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