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Profligate money creation in Europe

Japan’s central bank is under pressure from the newly-elected government to step up its easy-money policies. At the European Central Bank, president Mario Draghi has charted his way to unlimited freedom to create money to anaesthetize the pains of the Eurozone disease, and has explicitly promised to use that power to whatever extent seems necessary. […]

Profligate money creation in Europe is a post from: TheBizSense Views & Forecasting

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