Central bank - Economics Students Society of Australia

Central bank

A collection of 3 posts

The EU QE experience so far

The EU QE experience so far

In March the European Union began its quantitative easing (QE) program 6 years after the US. The EU has long been viewed as a prime candidate for QE following the GFC. However the European Central Bank (ECB) has dragged its feet on its execution due to the intricacies of rolling

Economics in the pub: money supply and inflation

It was the summer of 2012 and I was at the pub enjoying myself with friends when I encountered an interesting young gentleman sporting a black t-shirt stamped with the slogan “911 was an Inside Job”. He was an acolyte of former US congressman Ron Paul and an avid listener

Still uncharted territory – post-crisis central banking

Still uncharted territory – post-crisis central banking

With Janet Yellen firmly in the reigns of the world’s largest central bank, many are looking to the legacy left by her predecessor Ben Bernanke. Love or loathe him, Bernanke undoubtedly pioneered a new style of central banking based on large scale direct market intervention, mainly through policies such