INTRODUCTION TO TRIGGER OF MONETARY CIRCULATION AND PRINCIPLES OF QUANTITATIVE EASING

The main objectives of this study are: • comparison of quantitative easing ideas and actual practice; • consideration of QE factors for Trigger of Money Circulation in comparison with an ideas and goals of QE by Richard Werner. The paper presents justifications: • area of definition and limits of the monetary aggregate-trigger which is a generator of GDP; • changes in the money supply with a constant Trigger do not affect inflation/deflation and GDP.