16 Apr Magic money tree – QE & money printing and their part in the coronavirus economic rescue
Key Points:
- Central bank support to ensure the flow of money and credit through economies is an essential part of the global and Australian coronavirus economic rescue.
- This has increasingly involved quantitative easing which entails the printing of money.
- Higher inflation is an obvious risk from money printing, but it’s unlikely to become an issue until economic activity more than fully recovers.