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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (18510)3/12/2009 11:06:30 AM
From: gregor_us  Read Replies (1) | Respond to of 71475
 
I take your point. I use monetization to refer specifically to the buying of Treasuries. No question, the "QE" started some time ago. Buying all the Agencies is QE. Every loss from Fannie, Freddie is ultimately QE. I just need to use a word for the more narrow buying of Treasuries, specifically. Which, they have not done yet on an "announced" basis.

I'm trying my best to follow the diction most commonly used by everyone. But, woops, the FT surprised me this week when they referred to the BOE monetization of Gilts as QE. What to do?

Best,

G