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In this chapter, easy money is implemented to illustrate its dynamic effects in both developed and developing open market economies. This expansionary monetary policy embarked on by central banks through the purchase of Treasury Bills from nonbanking public in open market operation, increase prices which cause interest rates to fall.

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Effect of Easy Money in an Open Economy

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  • 发表日期：

    2025年

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  • Edward E. Ghartey

摘要

In this chapter, easy money is implemented to illustrate its dynamic effects in both developed and developing open market economies. This expansionary monetary policy embarked on by central banks through the purchase of Treasury Bills from nonbanking public in open market operation, increase prices which cause interest rates to fall.