QE isn't a debt. It's a debit balance on the books of a Central...

  1. 10,404 Posts.
    QE isn't a debt. It's a debit balance on the books of a Central Bank. QE is a credit, somewhere (often held as a deposit with that CB).

    What's that $18T? is that the US debt?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.