magisme Posted January 23, 2015 Share Posted January 23, 2015 Figured we should have a thread about this.Mario Draghi led the European Central Bank into a new era, committing to a quantitative easing program worth at least 1.1 trillion euros ($1.3 trillion) to counter the threat of a deflationary spiral. The ECB president shrugged off determined opposition led by German officials with a pledge to buy 60 billion euros every month through September next year in a once-and-for-all push to put more cash into circulation and revive inflation. To assuage critics, the region’s 19 national central banks will make 80 percent of the purchases and take on any risk they carry.http://www.bloomberg.com/news/2015-01-22/draghi-commits-ecb-to-trillion-euro-qe-plan-in-deflation-fight.html Quote Link to comment Share on other sites More sharing options...
downzy Posted January 23, 2015 Share Posted January 23, 2015 So when does the inflation parade begin Mags? Quote Link to comment Share on other sites More sharing options...
Facekicker Posted January 23, 2015 Share Posted January 23, 2015 QE will fix nothing in the Eurozone. Quote Link to comment Share on other sites More sharing options...
Gracii Guns Posted January 23, 2015 Share Posted January 23, 2015 http://eveningharold.com/2015/01/23/local-landlord-to-use-quantitative-easing-to-pay-tax-bill/ 2 Quote Link to comment Share on other sites More sharing options...
Facekicker Posted January 23, 2015 Share Posted January 23, 2015 Quote Link to comment Share on other sites More sharing options...
Dazey Posted January 24, 2015 Share Posted January 24, 2015 LOLEuro! Quote Link to comment Share on other sites More sharing options...
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