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RE: Does economic stimulus work in a financial crisis?

in LeoFinance • 3 years ago

Central branks do policy and provide loans when banks can't cover. They don't just print cash at the whim.

The "printing money" your suggesting is the current circulating supply and maintaining it. They're The regulator of banks. I am across what they're role is.

I'm not sure if it's different in the US but in Australia it can not do as it pleases without parliament signing it off.

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3 years ago in LeoFinance by
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     3 years ago  

    CIMG4028 - Copy - Copy (2).JPG

    NOTHING has changed since the 18th century, in regards to the principles of banking.

    Education is a wonderful thing!
    Good luck ('red pill', incoming...)

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       3 years ago  

      Well sorry, retract that. I'm married 🤣

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       3 years ago  

      No one controls me

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