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Georgia, US
Legendary Market Wizard
Experience: None
Platform: SC
Broker: Denali+Rithmic
Trading: ES, NQ, YM
Posts: 6,239 since Jan 2011
Thanks Given: 6,778
Thanks Received: 18,236
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Since the point of QE is to inject liquidity into the market, what is the point of sterilized QE? It injects liquidity by purchases, and then removes that liquidity by a number of ways, including borrowing the same money it just used to purchase with and offering a rate of return on that, selling Tbills to banks who purchase them with the same money, and so on.
So, I buy something from you so you can have money, but then I borrow that same money back from you. I don't get it. Please enlighten me someone...
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