Translation of "Billigem geld" in English

Third, global imbalances led to cheap money.

But with cheap money debt levels have continued to soar.

On the contrary, with the flood of cheap money the fundamental problem is being increased.

The European Central Bank is trying to tackle the crisis with cheap money.

They had become used to the cash cow of cheap money.

Following the dot-com collapse of the early 2000’s, speculation in real estate and financial assets – enabled by cheap money – kept Western economies going.

Cheap money from abroad juiced an already fragile financial regulatory and supervisory structure that needed discipline more than cash.

The Fed’s QE policy, and variants of it elsewhere, have caused the major central banks’ balance sheets to expand dramatically (from $5-6 trillion prior to the crisis to almost $20 trillion now), causing financial markets to become addicted to easy money.

The BIS, for example, has suggested that financial stability is closely connected with monetary policy, and has advised policymakers to start weaning their economies off of easy money sooner rather than later.

The prologue to the crisis was a combination of cheap money, deregulation, and a race for returns by executives undeterred by the associated risks.

This suggests that easy access to cheap money and debt financing have not favored the high-tech sectors that contribute the most to productivity growth.

There will therefore be a greater reliance on commercial banks to select micro-enterprises, SMEs and mid-caps and provide them with relatively cheap finance.

But, despite talk of easy money as the “new normal,” there is a strong risk that real (inflation-adjusted) interest rates will rise in the next decade.

With trillions of state subsidies and cheap money from the central banks the imperialists have been trying in vain to boost the economy again in a lasting way.

The great challenge is, according to this allegory, to monitor the seductive offer of cheap money in such a way that inflation is avoided and the surplus money gets value [in Wert gesetzt wird] by the initiation of "creative deeds" (innovation).

The structural concentration of incomes at the top is accompanied by cheap money and the chase after ever higher returns, which thus drives up stock prices.

Therefore, despite historically-low interest rates and plenty of cheap money, it has not meant increased investment by big business.

The rise in the Treasury yield sparked fears that the inflow of cheap money into financial markets, engineered by the US Federal Reserve and other major central banks since the global financial crisis of 2008, which has lifted stock prices to record highs, could be coming to an end.

Yes I remember how often we (my friends, family and I) would gasp at the advertising obscenity of cheap money being thrown at people in trouble in the name of consolidation, and you did the same - I know you did.

Given the increased supply of cheap money, absent the requirement for tangible assets behind it, the global paper economy has actually accelerated in scope, since the Fall of 2008, despite world financial leaders saying they have diverted disaster, and that is indeed a very dangerous state of affairs.

At the same time, his institution floods the banks with cheap money, the extent of which is so far unknown, entailing consequences, which are highly controversial, even among economists.

Contrary to what is publicly claimed, the goal of Quantitative Easing, a combination of zero-interest rate policy and buying up by the state of their own government bonds, was not to motivate the banks to issue more credits by providing them with cheap money – Quantitative Easing is meant to raise the prices of the assets and thereby to stabilise the bond markets.

In this wash of cash and easy money, revisions of economic growth rates are on the rise, in almost all regions, including the eurozone and France (+1.3 per cent and +0.9 per cent, respectively).

The question has to be seriously asked about whether the financial crisis and a flooding of the markets with cheap money have heralded in a new era which takes a fundamental market analysis ad absurdum, based on present conditions.

Equalled only by the realty concerns thanks to the special trilogy – ownership of the soil and buildings, cheap money and quick price increase – and by other gamblers who bet on raw materials, bonds or currencies – they managed to get rich and powerful in an extremely short time.

The idea that central banks can use cheap money to fight the causes of the financial and sovereign debt crisis, fears about globalisation or the upsurge in populism, is dangerous.

Obviously, this flood of easy money has artificially supported growth in these countries, which should have been lower in this time of crisis.

The overall tendency is, however, to see a more positive development, for even the US Fed is unsure about whether it would be wise to flood the markets, for the third time, with cheap money.