Browsing by Subject "Quantitative easing"
Now showing items 1-1 of 1
The motivation, methods, and economic effects of artificially high real estate Prices in the United States 2009 to Present (2015)
By purchasing mortgages backed securities in default from banks in exchange for cash, and manipulating interest rates through its bond buying programs, the Federal Reserve has not only stemmed the drop in housing prices, but also inflated housing prices by manipulating supply and demand mechanics. In the short-term, quantitative easing 3 succeeded in stopping the steep fall in U.S. housing prices but long-term, consequences are on the horizon. Debt financed quantitative easing programs successfully created short-term housing price inflation at ...