"These reserves, unless sterilised, lead to increases in money supply, which in turn, lead to Bubbles in assets," Mr Ali said.
But if the intervention is not sterilised, the added liquidity fuels inflation.
A politician who opined that they ought to be forcibly sterilised for the benefit of everyone else would be unlikely to get re-elected, and might even be thrown out of office.
Measure the required volume of cooled boiled water into a sterilised feeding bottle. Warm to feeding temperature.
This has been dubbed "sterilised" QE or "Operation twist", after a 1960s programme in which the Treasury and the Fed tried to "twist" the yield curve by altering the pattern of Treasury-bond issuance.
