EconWatch.com > The Fed's Quantitative Easing and the Economy | The Heritage ...
[Reports - The Heritage Foundation] Japan first used quantitative easing aggressively in the early 2000s to fight deflation after the collapse of a massive asset price bubble.[4] Facing renewed signs of a flagging economy, Japan announced in early October that it was resuming a policy of quantitative easing with an initial $60 billion installment. The European Central Bank (ECB) has thus far resisted a return to quantitative easing per se, but it is aggressively pursuing a policy of purchasing sovereign debt and private debt as part of Europes efforts to preserve the euro and to manage the sovereign debt crisis that began in Greece in early 2010.
[Previous] Stalemate economy | www.bullfax.com...
[Next] Building an offshore green economy...
Some related posts from Technorati and Google.
[Notayesmanseconomics's Blog] Japan's experience highlights the weaknesses of Quantitative ...: One feature of Japanese life has been the way she has suffered from disinflation or falling prices at times in her “lost decade”, and one can add one more month to the list as September’s figures showed that consumer prices excluding fresh food (the Bank of Japan’s preferred measure) fell by 1.1% fmaking it 20 negative months in a row. To add to this industrial output fell 1.9 percent in September from August and a report was released suggesting that further falls in output are planned for this month.Whilst the unemployment rate did improve from 5.1% to 5% there are now concerns that this quarters economic growth may be negative rather than positive.
[Orbis Economics] Orbis Economics: Eye on the world, October 30, 2010: The other interesting part was Japan, which expanded the scope of its asset purchase program and brought forward the next meeting date (to just after the Fed's meeting next week). On that note, the next week will be a very interesting week monetary policy-wise as the US FOMC, Bank of Japan, Bank of England, RBA, and ECB are all set to announce policy decisions.
[Wall St. Cheat Sheet] Queasing Over Quantitative Easing (SPY, UDN) | Wall St. Cheat Sheet: Here are the top reasons Quantitative Easing does not benefit the US economy in the long run. Why We Should Be Queasing Over Quantitative Easing.
[XE Forex News] XE.com - Q+A-How is BOJ's QE different from last time, will it work?: During its five-year quantitative easing campaign that ended in March 2006, the BOJ dropped its interest rate target and replaced it with the amount of reserves financial institutions parked at the central bank. Policy easing was done by raising the target and flooding markets with extra cash.
[Political Pundits] Japan, the Dragons and the British economy | Political Pundits: Back to Japan, and there have been calls for the Bank of England to increase its quantitative easing (QE) programme from £200bn to £250bn before the end of the year, in order to put the economy in the best possible position to withstand the impact of public sector cuts and January’s VAT rise. Gross domestic product (GDP) growth is likely to have already slowed to “at best”
[Finance Blog] "Friedman was All Wrong about Japan ”¦ and the Great Depression ...: And this also calls very much into question Friedmans famous claim that the Fed could easily have prevented the Depression, which gradually got transmuted into the claim that the Fed caused the Depression. Yes, M2 fell ” but why should we believe that the Fed had any more control over M2 in the 30s than the BOJ had over M2 more recently?
[The Macro View Blog RSS | MoneyWatch] Quantitative Easing Programs Backed For Europe, U.K. and Japan ...: MoneyWatch.com is the premier destination for smart, practical personal finance advice about your retirement, investing, savings, career and real estate. A joint effort between the news powerhouse CBS and the business experts at BNET, MoneyWatch.com is the place to go for personal financial insight you can trust.
[Next Big Future] U.S. and China currency deal?: Analysts believe the Federal Reserve will employ a flexible quantitative easing program in which the amount of assets purchased can be adjusted each meeting. Borthwick said this structural allows "gentle prodding" from the U.S., which can step up asset purchases whenever it feels yuan appreciating is progressing too slowly.
[Eurasia Review] Bernanke Gets His Pink Slip: “Of the 1.2 million workers at risk of losing federal benefits, 387,000 are workers who were recently laid-off and are now receiving the six months (26 weeks) of regular state benefits. After exhausting state benefits, these workers would be left to fend for themselves in a job market with just one job opening for every five unemployed workers and an unemployment rate that has exceeded nine percent for 17 months in a row”with no federal unemployment assistance whatsoever.”
[Finance Blog] Zombie Households | Finance Blog: Indeed, it is very scary at least for the USD as it is now trading at a new historical low versus the Japanese yen. To end the week, the USDJPY surpassed its former all-time low at 80.43 which it set way back in April 1995 and closed at [...]
[Socio-Economics History Blog] John Hathaway: World's Monetary System is in The Process of ...: As inflation accelerates, consumers will spend to get rid of their dollars of diminishing value and spur the economy. Once consumers start spending, it will be time to raise interest rates because a solid foundation for prosperity will have been established, they say.
[Finance Blog] links for 2010-10-29 | Finance Blog: But first, the scoreboard: Dow: 8.51NASDAQ: +2.22S&P 500: 0.03 And now, the top stories: The day started very risk-off when Japan got going yesterday. The Nikkei sold off hard right of the beginning, and since there’s so much talk about a sell-the-news [...]
[Pakistan News Blog] Asia must avoid 'distortions' in handling hot money: ADB: A delegate takes pictures of Association of Southeast Asian Nations (ASEAN) leaders posing for a group photo with China's, Japan's and South Korea's prime ministers during the 13th ASEAN Plus Three Summit on the sidelines of the 17th ASEAN Summit in Hanoi Ocrober 29, 2010. - AFP Photo
Reflected tags on Technorati: Blog, Economy, EconWatch.com