Why Should Central Banks Buy Private Securities as Part of Monetary Policy?

Central banks conduct monetary policy mostly through government securities markets (ie they buy and sell government bills, bonds, etc.) -- when not directly tampering with interest rates. Why should governments buy companies' securities directly - rather than support banks to do this? For more, see: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3023795

Om Podcasten

Infographic Instant Audio provides the latest thinking in law, economics and business. Are you tired of talking heads that don't give evidence or data to support their broad generalisations and opinions? Then you are ready for an Infographic Instant! Your narrator is Prof. Bryane Michael. Prof. Michael holds fellowships at Oxford, Columbia, Hong Kong U, and others. He has advised over 20 governments, over 500 companies on transactions worth over $50 billion, and taught over 800 executives. A Harvard and Oxford graduate, he is qualified to lead you through the tough issues of the day.