Thai QE? Is Thailand creating money like the USA?

[ding]

Is Thailand doing Quantitative Easing like the US and just printing money to fund things during the pandemic crisis?

 

I can't find much info and would love links, if any.

[NotYourBusiness]

Let's hope so. What could possibly go wrong?

[ding]

I found an article in the Bangkok Post that essentially said;

With the strength of Thailand's international reserve they could print money but the costs may be a currency run or hyper inflation.

 

from "New surge, a blow to weak economy" article, Bangkok Post

 

But hyper inflation and bank runs are the definition of a failed currency and failed economy, so not acceptable.

Anyway, from this it seems there's no "money printing" or currency creation to fund the economy of Thailand.

[ukrules]

8 hours ago, ding said:

With the strength of Thailand's international reserve they could print money but the costs may be a currency run or hyper inflation.

That would all depend on how much they print wouldn't it?

 

If it's done in a controlled and measured way then the effects would be limited and perhaps even desirable.

 

[ding]

13 hours ago, ukrules said:

That would all depend on how much they print wouldn't it?

 

If it's done in a controlled and measured way then the effects would be limited and perhaps even desirable.

 

Yes. I can't find out if Thailand is creating currency or not, and if so - how much.