Mario’s Comeuppance: QE Was Fake Stimulus All Along

If Mario Draghi wanted to wow them, this wasn’t it. Maybe he couldn’t, handcuffed already by what seems to have been significant dissent in the ranks. And not just the Germans this time. Widespread dissatisfaction with what is now an idea whose time may have finally arrived.

There really isn’t anything to this QE business.

 

 

 

 

 

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