it just a race to the bottom. An attempt to force your currency lower until the other guy does it, one bank will lose. Eventually it will push the US to do similar if the currency exchange gets too out of whack.<p>it really does nothing to spur growth, if anything its an acknowledgment that those in charge cannot see the problem which means the credit market will stay stagnate and growth won&#x27;t occur. Sadly it can also lead to more government borrowing under the idea &quot;its free!&quot;<p>if they want to spur economic growth they really need to look at the regulations which impact it and the tax laws the deter it. then top that off with forcing governments back to spending within their means so as not to take so much money out of the system