### Comment:
Quantum easing is the feds lowering the interest rates so banks will buy, allowing them to have extra reserves, and Also selling assets in order to lower the balance sheet  — I’m saying if the rates are already negative the strategy doesn’t work

### REPLY:
Quantitative easing is the fed lowering **yields** by buying up assets from the banks, hence shoving cash into them. If yields are already negative, they will just be **more negative**.

### END.