Monday, July 14, 2014

MASSIVE $1 Trillion EU Stimulus! Will You Get Any?

$1 trillion for us, the citizens? NOPE!
$1 trillion for the bankers, who else?!
Monetary stimulus is always popular in the field of politics because it boosts the politicians image. Here, the ECB is taking after the Fed by printing money to purchase garbage from the banks to get it off of their hands.

A criminal scheme which has been happening in many countries since the Financial Crisis.





The European Central Bank has modelled the economic effects of buying 1 trillion euros ($1.37 trillion) of securities as part of a quantitative easing (QE) programme
Draghi Seen Delivering $1 Trillion Free Lunch to Banks
unprecedented stimulus measures that the ECB announced after its June 5 policy meeting, including a negative deposit rate and an extension of unlimited short-term liquidity until at least 2016
Even so, euro-area inflation has held below 1 percent for the past nine months, less than half the ECB's goal, and was at 0.5 percent in June
The European Stability Mechanism is the permanent crisis resolution mechanism for the countries of the euro area.

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