The central banks CALL it intervention when THEY do it..
intr.v. in·ter·vened, in·ter·ven·ing, in·ter·venes
1. To come, appear, or lie between two things: You can't see the lake from there because the house intervenes.
2. To come or occur between two periods or points of time: A year intervened between the two dynasties.
3. To occur as an extraneous or unplanned circumstance: He would have his degree by now if his laziness hadn't intervened.
a. To involve oneself in a situation so as to alter or hinder an action or development: "Every [central bank] faces choices about how and how much to intervene in [markets]"
b. To interfere, usually through force or threat of force, in the affairs of another nation.
5. Law To enter into a suit as a third party for one's own interests.
1 influence or control shrewdly or deviously; "He manipulated public opinion in his favor" [syn: pull strings, pull wires]
2 hold something in one's hands and move it
3 fake or falsify; "Fudge the figures"; "cook the books"; "falsify the data" [syn: fudge, fake, falsify, cook, wangle, misrepresent]
4 manipulate in a fraudulent manner; "rig prices" [syn: rig]
5 control (others or oneself) or influence skillfully, usually to one's advantage; "She manipulates her boss"; "She is a very controlling mother and doesn't let her children grow up"; "The teacher knew how to keep the class in line"; "she keeps in line" [syn: keep in line, control]
6 treat manually, as with massage, for therapeutic purposed
If WE were to do what the central banks do it wouldn't be called either of these.. It would be called a crime..
crime [krahym] Show IPA
an action or an instance of negligence that is deemed injurious to the public welfare or morals or to the interests of the state and that is legally prohibited.
criminal activity and those engaged in it: to fight crime.
the habitual or frequent commission of crimes: a life of crime.
any offense, serious wrongdoing, or sin.
a foolish, senseless, or shameful act: It's a crime [for the central banks to save themselves and their corrupt governments no matter the cost to society].
I say what they are doing is the real crime..
Central banks call what they do Quantitative easing
Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective. A central bank buys financial assets to inject a pre-determined quantity of money into the economy. This is distinguished from the more usual policy of buying or selling government bonds to keep market interest rates at a specified target value. A central bank implements quantitative easing by purchasing financial assets from banks and other private sector businesses with new electronically created money. This action increases the excess reserves of the banks, and also raises the prices of the financial assets bought, which lowers their yield.
But when WE do it it's called Counterfeiting
Counterfeit money is imitation currency produced without the legal sanction of the state or government. Producing or using counterfeit money is a form of fraud or forgery.
Roman coins were struck using a minting process, not cast, so these coin molds were created for forgery.
Counterfeiting is probably as old as money itself. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. A form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions. During World War II, the Nazis forged British pounds and American dollars. Today some of the finest counterfeit banknotes are called Superdollars because of their high quality, and likeness to the real US dollar. There has been a considerable amount of counterfeiting of Euro banknotes and coins since the launch of the currency in 2002.
Some of the ill-effects that counterfeit money has on society are: a reduction in the value of real money; and increase in prices (inflation) due to more money getting circulated in the economy - an unauthorized artificial increase in the money supply; a decrease in the acceptability of paper money; and losses, when traders are not reimbursed for counterfeit money detected by banks, even if it is confiscated.