You know that the Federal Reserve (or central banks in general) controls the money supply and short-term interest rates. But how exactly do they do this. Even more, how is "quantitative easing" different than regular open market operations. This tutorial explains it all in the context of the Federal Reserves attempts to stave off deflation during the 2008-2012 recession.
12688_Fed_open_market_operations.html
12691_Open_market_operations_and_quantitative_easing_overview.html
12689_Quantitative_easing.html
12690_More_on_quantitative_easing_and_credit_easing_.html
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