BY FOLLOWING THE FEDERAL RESERVE’S LEAD AND FLOODING THE ECONOMY WITH MONEY, HAS THE EUROPEAN CENTRAL BANK AVERTED ITS “DAY OF RECKONING”… OR DOUSED MORE FUEL ONTO THE FIRE?
From Filip Karinja
Here we go again – only this time, in Europe.
This past Thursday, Mario Draghi, president of the European Central Bank (ECB), announced that the ECB will launch its own Quantitative Easing program in March, purchasing €60 billion ($67 billion) in government debt each month. [Read more…]