28 March 2012

Europe's 'Stealth' Money Printing

While much has been made of the public side the ECB's money-printing facade whereby any and every piece of junk collateral can be lodged with the lender-of-first-last-and-only-resort in return for shiny new Euros to spend on government bonds...

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Original Page: http://feedproxy.google.com/~r/EconForecast/~3/x8sgwPbRyS0/europes-stealth-money-printing.html

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