The Atlantic: Europe Is Literally Running Out of Money. (Depending on your definition of literally…) – Does the eurozone need quantitative easing?
The Alantic calls for more euros
May 30, 2012
Nosemonkey's EUtopia
In search of a European identity
May 30, 2012
The Atlantic: Europe Is Literally Running Out of Money. (Depending on your definition of literally…) – Does the eurozone need quantitative easing?
June 1, 2012 at 11:18 pm
I always point this out. QE is unnecessary, the main ECB interest rate is still at 1%, they have a full 1% cut available to them.
They are the worst central bank in the world. I hold them as responsible as the Fed for this depression, and more so for these latter (middle?!) stages. I think some of the commentary you may find useful in this last post of mine. Forgive the self plug, but I am having a night in on the Friday of a four day weekend, so pity me.
June 1, 2012 at 11:18 pm
QE is not unnecessary, but preemptive, given the ECB has loads of conventional monetary tools available to them,