Feb 13

UK, USA and Japan have had years of QE and it has not achieved investment or inflation or trickle down.

Thus you may ask with this actual evidence and the Euro tanking anyway why the ECB would do QE? It apparently wants inflation which it will not get. Never ending QE?

Given it is either ineffective or unnecessary for the usual goals it can therefore only be to transfer wealth to the rich? The ECB can hardly claim they do not know what it does now after the examples given.

Anyone who doubts this is not a kleptocratic or plutocratic system probably believes in the tooth fairy.

written by reaction \\ tags: , ,