Tag Archive | ECB
The ECB cannot undo what decades of European profligacy have done, but it certainly can stop do make things worse than they already are. Read Ambrose Evans-Pritchard to see why.
It seems that the ECB is going to raise interest rates soon although many people question this move, as inflation seems to be mainly up due to external factors that the ECB cannot influence, like rising oil and food prices, which are driven by strong demand from Emerging Markets. Furthermore, growth in the Euro Zone […]
What is so great about the “Bazooka”? It does nothing to reduce the amount of debt that is going to be in circulation. It doesn’t guarantee debt that is already in circulation. It doesn’t guarantee debt that will be sold to private investors. The real weapon is the ECB intervention in the bond markets. If […]