The panicked selling of shares across the global financial markets saw, European Central Bank pump an extra 48bn euros ($65bn; £32bn) into the banking system, Japan's central bank injected an initial one trillion yen ($8.5bn; £4.2bn) into the financial system last week, before adding an additional 600bn yen on Monday. Most importantly, the US Federal Reserve intervened twice on Friday, pumping $38bn into the banking system. The intervention is meant to sooth the nerves of the investors who have become wary about the state of "banks" exposed to the high risk borrowers in housing market.
The big question is "Where is all that new money going? What is it supposed to achieve? How will this intervention impact on these economies in the future?