摘要
Since the financial crisis of 2008, the central bank of the major western economies, especially the US FederalReserve, the Bank of England, the European Central Bank and the Bank of Japan, have launched a series of super quantitative easing （QE） programs, with the aim of reviving growth. The super QE is designed to lift the prices of assets to encourage businesses to raise financing or increase liquidity, thus encouraging banks to lend more.
