Quantitative easing in US, UK, EU, and Japan happened during the economy balancing on the brink of deflation. I.e. when capital from the developing world was actively escaping into the developed world, when the developed economies were bathing in cheap capital and firms could borrow at zero or even negative percent, and the economy grew massively and required quantitative easing for simply avoid inflation.
We can see how money printing works when the economy isn't growing respectively, the inflation hits as it happened in EU, US and Japan now.
> Did you know that Indonesia has an explicit monetary policy to monetize a certain portion of their national debt each year?
No, I don't. The only sources I found tell the opposite.
Quantitative easing in US, UK, EU, and Japan happened during the economy balancing on the brink of deflation. I.e. when capital from the developing world was actively escaping into the developed world, when the developed economies were bathing in cheap capital and firms could borrow at zero or even negative percent, and the economy grew massively and required quantitative easing for simply avoid inflation.
We can see how money printing works when the economy isn't growing respectively, the inflation hits as it happened in EU, US and Japan now.
> Did you know that Indonesia has an explicit monetary policy to monetize a certain portion of their national debt each year?
No, I don't. The only sources I found tell the opposite.
https://www.thejakartapost.com/news/2020/05/06/no-need-for-u...