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Bbbrrrrr
They debit their account digitally, effectively creating money. With that money they then buy bonds which injects that liquidity into the market.
So in other words, money is created out of thin air to fund QE?
yes, they can artificially increase bank reserves on their balance sheet
Damn boi you're interning in asset management equities too haha. Better late than never to learn about monetary policy I guess.
From your future dollars being worth less than your current dollars.
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