Quantitative Easing 21:10 - Dec 13 with 403 views | Catullus | I read today that the new ECB boss LaGarde is planning fresh economic stimulus on top of the measures Draghi took. She's planning on pumping 20 billion a month into the economy.The I saw this link underneath, https://www.neweurope.eu/article/ecb-prepares-for-a-second-wave-of-quantitative- It says that the ECB has put 2.6 TRILLION in QE into the EU economy. Now that's a massive, massive amount and they plan on putting even more in so where has the money gone? It comes to around 5000 euros for every man, woman and child in Europe. It also said the plan was to try and stimulate inflation to keep it as close to 2% as they could. If they want to spread some money around I'll have a couple of trillion!! | |
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