Amanda Watson
News Editor
2 minute read
21 Apr 2020
6:05 am

Reserve Bank starts moves to free up more cash

Amanda Watson

The bank 'is seeking to reduce dysfunctionality in the market rather than determining prices', it said while denying it has gone into quantitative easing.

While vaccines are a priority the government also needs to implement structural reforms.

It’s a funny business, not only business itself, which can be difficult at the best of times, but the business of printing money, a euphemism for freeing up liquidity for government during hard times. And an old buzzword has been revived: quantitative easing. While the practice of printing money exists, it’s generally not a good idea as it thins out the value of the currency and, like the Zim$100 trillion bank note, it becomes meaningless. According to economicshelp.org, if more money is printed, consumers can demand more goods, but if firms still have the same amount of goods, they will...