so 50 bil. means nothing...in addition they will not do QE like
we do so it will be even less effective so its basically worthless
and is another bandaid..
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
ECB executive board's QE proposal
Posted by steve on 21st of Jan 2015 at 09:44 am
ECB executive board's QE proposal calls for roughly 50 billion euros in bond buys a month, sources say http:// wsj.com
If i am not mistaken EU economy is larger than ours...
Posted by urubu7 on 21st of Jan 2015 at 09:58 am
so 50 bil. means nothing...in addition they will not do QE like we do so it will be even less effective so its basically worthless and is another bandaid..