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They slashed interest rates and pumped up the money supply through the use of quantitative easing, the process whereby a central bank buys bonds and exchanges them for new electronic money.
It's not the name of a ship-liner: quantitative easing essentially means that the central bank buys up high yielding assets and exchanges them for lower yielding assets.
Similar(58)
"So I might as well exchange them".
Others allow you to bring things back and exchange them.
"In summer, you'd exchange them for seats in silk".
Then free them or exchange them until the war is finished.
Each day, you take some of your units and exchange them for units of money.
He delivers three copies of The Winters Express to the Buckhorn Saloon, exchanging them for a beer.
The team offered to exchange them for free, letting fans take Tom Brady or Vince Wilfork jerseys instead.
We have principles, and then we exchange them for other principles.
Abdoul-Mourat hopes to exchange them for his son, a prisoner in a Russian jail.
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