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It would increase asset prices and increased wealth would lead to higher consumption.
Two purposes of quantitative easing (QE) that few seem to understand are to weaken the currency and increase asset prices.
Family businesses generally seek to increase asset values, or wealth, he said, while keeping profits as low as possible to keep taxes down.
His comments follow the new Tokyo government asking the Bank of Japan to increase asset purchases to help drag the country out of recession.
QE works through central-bank asset purchases that boost money supply; push investors to reallocate portfolios to riskier assets; increase asset prices and reduce bond yields.
The Duke Energy Corporation plans to increase asset sales by $400 million this year to reduce debt and fend off a possible downgrading of the company's credit rating, its treasurer said yesterday.
Similar(48)
Growth in clients' portfolios helped increase assets under custody to $6.7 trillion.
In recent years, the firms have been valued based on their ability to increase assets under management.
Along with rising markets, that helped BlackRock increase assets under management by 7 percent from the period a year earlier and by 4 percent from the fourth quarter of 2102.
Brevan Howard is one of Europe's largest hedge fund groups and has been steadily adding new funds over the past two years in an effort to increase assets and diversify its revenue streams.
In the short run we could increase assets much faster by going through several channels of distribution.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com