Скачать или смотреть Temporary Bond Buying Became The New Funding Model

Central banks didn’t announce monetization.
They renamed it.
Secondary market purchases.
Balance sheet transmission.
Financial stability tools.
Over time, governments learned a simple lesson: whenever borrowing costs rise too fast, the central bank steps back in. Markets learned it too.
This analysis shows why reversing large scale bond purchases became politically, financially, and institutionally impossible — and why the real constraint today is no longer inflation targets, but government solvency.
The question isn’t whether monetization happened.
It’s how long the system can pretend it didn’t.

#MoneyPrinting #QE #CentralBankIndependence #SovereignDebt #FinancialSystem #BondMarkets #InflationRisk #HiddenMonetization
#CentralBanks #DebtMonetization #QuantitativeEasing #FiscalDominance #PublicDebt #MonetaryPolicy #GlobalFinance