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4min chapter
BTC089: European Fragmentation Policy & Mounting Global Pressures w/ Alf Pecca (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is There a Yield Curve Control in Europe?
The idea, beyond ilkof control, is that you, as the monetary policy, effectively av an infinite balance. You can use these bank reserves to extract bonds from the private septr and effect the exchange in these bonds for bank reserves. The interesting thing is that, as we have seen in japan, you don't necessarily need to buy all the bones out there,. But you can effectively signal to the private sector that if they want to sell bonds and make eelds higher, because as you sell bonds, prices go down. And eels go higher.
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