Global Monetary Policy Shifts Impact US and Ukrainian Economies Differently
The article discusses the effects of a monetary policy called quantitative easing on the US and Ukraine economies. The researchers found that under this policy, the US had low economic growth, low inflation despite increased money supply, and high employment rates. They also observed negative interest rates for bonds, a weaker US dollar, and higher prices for gold and digital assets. The researchers suggest that Ukraine could benefit by adjusting its gold and foreign exchange reserves based on the US economic stimulus. The findings are relevant for both countries due to the impact of market imperfections on economic growth.