What is the typical effect of reserve bank asset purchases? | Forex Factory

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What is the typical effect of reserve bank asset purchases?

  • #1
  • First Post: Jan 30, 2013 2:42pm Jan 30, 2013 2:42pm
Hi, I've read this often on the news. What does reserve bank asset purchase mean? How does it work and how does it generally affect the nation's currency? Thanks.
  • #2
  • Jan 31, 2013 2:18pm Jan 31, 2013 2:18pm
Quoting gt21
Hi, I've read this often on the news. What does reserve bank asset purchase mean? How does it work and how does it generally affect the nation's currency? Thanks.
http://www.federalreserve.gov/faqs/w...-purchases.htm

It took me 5 minutes to google it. Lazy ass.
  • #3
  • Jan 31, 2013 3:07pm Jan 31, 2013 3:07pm
Quoting Custos
http://www.federalreserve.gov/faqs/w...-purchases.htm

It took me 5 minutes to google it. Lazy ass.
Why did it take you so long, smart ass?
When the Joker is in the deck.. fear not and play it well
  • #4
  • Jan 31, 2013 3:13pm Jan 31, 2013 3:13pm
Quoting Slim Buffett
Why did it take you so long, smart ass?
lol

crazy asses
NocturnalFX is no longer offering commercial services
  • #5
  • Jan 31, 2013 3:38pm Jan 31, 2013 3:38pm
Quoting TPOTrader

crazy asses

The truth hath been spoken


cheers
When the Joker is in the deck.. fear not and play it well
  • #6
  • Jan 31, 2013 11:09pm Jan 31, 2013 11:09pm
From 5 minutes to just 1
  • #7
  • Last Post: Feb 1, 2013 12:58am Feb 1, 2013 12:58am
Thanks for that link dude. It gave some clarity on this 'Gigantic' issue.

I got one question though, where does the Fed get money to buy these bonds?
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