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But unlike the SNB, they "sterilise" their interventions, withdrawing this extra money from circulation (either by selling other assets or raising reserve requirements on banks).
What he does not say is what LDA programmes the mayor will be stopping to provide this extra money.
And where will the universities get this extra money?
This extra money is enough to invest or save for average people.
"I just don't know the best way to use this extra money wisely".
The central bank withdrew a fraction of this extra money by selling securities to the banks.
But only some of this extra money would remain with the local companies.
"It's not like we have all this extra money that we can lay out.
They have used this extra money to buy more housing than they need.
With this extra money from Z., it was suddenly a possibility.
Similar(1)
"That happened and [this extra money] was more than we budgeted for," Culliton said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com