Ever bigger central balance sheets raise question about where is the limit

Jun 23, 2020 · 12m 3s
Ever bigger central balance sheets raise question about where is the limit
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Central banks have played a key role in supporting the economy during the pandemic-induced recession. To do so, they increased the size of their balance sheet. William De Vijlder explains...

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Central banks have played a key role in supporting the economy during the pandemic-induced recession. To do so, they increased the size of their balance sheet. William De Vijlder explains the mechanisms governing this increase in their balance sheet. Is there any limit on how far it might go? He also explains the concept of direct monetary financing.
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Author BNP Paribas Economic Research
Organization BNP Paribas Economic Research
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