Prof. Abbas Kazem Jasim Al-Dami
Basman Kamel Jawad
College of Administration and Economics, Banking and Financial Sciences Department
Quantitative facilitation is one of the tools of modern monetary policy that has been used by central banks in the seven advanced countries to cope with the effects of the financial crisis or the economic recession at a time when financial crises are negative economic phenomena that affect the advanced capitalist countries and countries that are open economically and financially. The study sought to answer a set of philosophical, intellectual and practical questions related to quantitative easing. The study aimed to identify the theoretical and philosophical aspects of quantitative easing and the extent to which economic and financial variables were responsive to quantitative easing in the United States. The study used two methods to test hypotheses, Data using graphs, standard and statistical methodology using Eviews.7 and Excel. The importance of the study is that it first highlights the issue of quantitative easing, which is one of the most important topics related to monetary policy in developed countries in an economic world where monetary policy is the largest player. Second: The study shows us how and the extent of response of economic and financial variables and quantitative easing, In addition they give a conception of the relationship between these variables combined The main conclusions of the study are: First: quantitative easing reflects the evolution of the philosophy of monetary policy in a way that increased the impact of monetary policy on the domestic and international economy. Second: Quantitative easing in the United States has had a clear impact on the financial and economic variables, but its impact on inflation was limited by the decline in oil prices in the last three years The most important recommendations of the study: Quantitative easing has a major impact on the domestic and international economy through its impact on the long-term interest rates and the exchange rate. We recommend researchers to pay attention to this important subject, and we recommend that the government and investors to pay attention to this subject because quantitative easing in the United States significantly affects the prices Commodities, oil and minerals, and capital movement capital .