'credit easing' resembles quantitative easing in one respect.

He's saying it's not quite quantitative easing, although it really is.

And they're saying, look, quantitative easing is just this idea of expanding that balance sheet.

So, just to parse the statement, when he says, credit easing resembles quantitative easing in one respect it involves an expansion of the central bank's balance sheet.

So he's saying in traditional quantitative easing, the central bank says look, I just care about printing money

To get a better understanding of quantitative easing in the American context, especially the context that Ben Bernanke is talking about,

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So the quantitative results were great.

We shall ease thee unto the Easing.

One set of policies here, another set of policies here.

We shall surely ease him to the Easing.

And spread everything before him, easing his life .

We used quantitative arteriography, showing the narrowing.

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Indeed, although the bank of Japan's policy approach during the quantitative easing period was quite multifaceted, the overall stance of its policy was gauged primarily in terms of its target for bank reserves.

We shall surely ease him to the Path of Easing

What you do about something which requires quantitative analysis?

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However, national policies are not changing.

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Accept the easing, order with fine jurisprudence, and avoid the ignorant.

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lead to policies that lead to actions.

Frictions between Japan and the U.S. are easing up for a change.

The other type of policies is whole life and whole life is the motivation for whole life policies.

And this non traditional type of intervention, where the Fed is no longer concerned about a target rate, because the target rate is already at zero, where the Fed is not purchasing short term debt, but is trying to buy longer term debt, things further down the yield curve, and maybe things that aren't Treasury securities to begin with, maybe they're starting to buy corporate debt, maybe they're starting to buy mortgage backed securities, this is called quantitative easing quantitative easing.

But what the federal reserve is saying, in traditional quantitative easing, all the central bank cares about is printing this money and getting it out there into circulation, and they don't really care what they're using this money for.

And in Bernanke's mind, although that's exactly what he's doing he's printing money to buy other things than what the Fed traditionally does, when it cares about the overnight borrowing rate, he calls it, not necessarily quantitative easing, but credit easing, and in his mind, even though mechanically they're the same thing, in his mind, he's saying, Look, I'm printing this money

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