Quantitative easing means the US Federal Reserve buys up longer-dated government bonds using cash that it may need to "print". Photo: AFP Quantitative easing means the US Federal Reserve buys up longer-dated government bonds using cash that it may need to "print". Photo: AFP
Quantitative easing means the US Federal Reserve buys up longer-dated government bonds using cash that it may need to "print". Photo: AFP

Look beyond shadow banking for the real threat to financial stability

Andrew Sheng explains why using quantitative easing to shore up banking risks is misguided

Topic |   Quantitative Easing
Quantitative easing means the US Federal Reserve buys up longer-dated government bonds using cash that it may need to "print". Photo: AFP Quantitative easing means the US Federal Reserve buys up longer-dated government bonds using cash that it may need to "print". Photo: AFP
Quantitative easing means the US Federal Reserve buys up longer-dated government bonds using cash that it may need to "print". Photo: AFP
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