Currency Sterilization
sterilization does not depreciate the national currency?
Yes you can. Sterilization is a form of currency action in which a central bank or Federal Reserve attempts to protect against foreign exchange market to counteract the effects of a changing database money. The sterilization process is used to manipulate the value of a currency relative to another, and was launched in the Forex market. For example, to weaken the U.S. dollar against other currencies, the Fed sell more dollars U.S. to buy foreign currency. The increased supply of U.S. dollars reduce the value of money. The Fed must do the opposite if you want to strengthen the U.S. dollar.
Alan Watt on Alex Jones, Jason Bermas – “The New World System and Control Grid” 4of4
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Cross country effects of sterilization, reserve currencies and foreign exchange intervention (Working paper – National Bureau of Economic Research) … |
