QuantatiativeEasingHowDoesItWorkExpalined

The voodoo economics of Europe’s quantitative easing policy

In Europe, failure is no longer an option. If banks are in danger of collapse, in come the bailout loans. If countries have trouble financing themselves, the European Central Bank will buy their sovereign bonds. When inflation falls and growth stalls, there is a cure for that too – quantitative easing. QE, as it’s called, was officially announced in January …