DislikedI am a bit fuzzy the term of QE and Operation Twist. Can someone enlighten me on the subject? Seems like QE is out of the question for now but with different scheme that will provide near or similar objective as QE?Ignored
1. QE (Quatatative Easing) is where the central bank takes on risk and dumps currency (money supply / liquidity) directly in the market
2. Operation Twist (OT) is where the central bank exchanges short term securities for long term securities (No direct change in money supply)
Those who say it cannot be done should not interrupt those who are doing it