Quantitative Easing.YaTingPom wrote:Didn't US, UK Germany and France do the same thing recently?ផោមក្លិនស្អុយ wrote:I think it is Joel Brinkleys book that talks about the ministry of finance printing riel and getting loads more printed under the counter to be shared amongst the lads.
Can the leaders to trusted to manage their own economy without weakening it by taking a few extra cases of riel from every printing run for themselves.
QE I think it's called.
Also, they did give out free money to kickstart the economy and get the locals to use the local currency.
"According to the International Monetary Fund, the U.S. Federal Reserve System, and various economists, quantitative easing undertaken since the global financial crisis of 2007–08 has mitigated some of the economic problems since the crisis." (Wikipedia )