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How to Accelerate Bank Credit Creation
The Japanese traditional word for an expansionary policy is easing. So I called it quantitative easing to distinguish it from all the previous and monetists approaches to stimulate the economy through monetary policy. It's defined in this article as an expansion in bank credit creation and credit creation for GDP transactions. How can you achieve that? Well, there's a package, mainly three things you should do. Number one, the central bank should step in and help the banks so they become strong enough to lend a gain. And with these two measures, you will kickstart the economy so dramatically won't believe it.