Earthbag homes are exactly what they sound like -- bags filled with earthen materials stacked to make a house. They often look like big beehives when they're completed, but it's possible for them to take other forms as well.
The new name for this is âquantitative tightening,â or QT.â Rickardsâ, a long standing expert in central bank policy, believes that quantitative tightening will be a major factor in monetary policy over the weeks and months going forward.
Why 'Quantitative Tightening' May Again Become a Problem for Markets. This week's about the Fed, BoJ...and maybe, the PBOC. In August 2015, George Saravelos thought he had put his finger on one acute source of the financial stress that followed China's depreciation of the yuan.