Huge and increasing central bank financing of government; 6. (citifmonline.com)
Extreme risk aversion has abated; spreads have narrowed; capital markets have continued to thaw, though in some overseas cases this has relied heavily on central bank financing activities. (rba.gov.au)
Turner also argues that we should reject the «taboo» of direct central bank financing of government deficits. (broadbentinstitute.ca)