Plain Bagel QandA 4 | P/E, QE, and Short-Term Needs
The Plain Bagel Q&A 4More Details on QE:QE is a concerted effort to provide additional monetary stimulus to the economy in order to light a fire under it and get growth increasing again. If we look back at recent history, during and for a long period after the financial crisis of 08/09, the central banks dropped their key interest rates to zero or virtually zero. They did this in order to incentivize the commercial banking system to borrow free money and then easily lend that same money out into the financial system for an easy profit for themselves. However, this didn’t work so well because…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.