Why is our current monetary system broken? This video explains why

What is a monetary policy?
Monetary policy is a central bank's actions and communications that manage the money supply. Monetary policy increases liquidity to create economic growth. It reduces liquidity to prevent inflation. Central banks use interest rates, bank reserve requirements, and the amount of government bonds that banks must hold.

What is Quantitative easing (QE)?
Quantitative easing is a process whereby a Central Bank, such as the Bank of England, purchases existing government bonds (gilts) in order to pump money directly into the financial system. Quantitative easing (QE) is regarded as a last resort to stimulate spending in an economy when interest rates fail to work.

Video explaining both terms: