The ECB Will Fail Given The “History Lessons Of US And Japan”, Warns Deutsche Bank
by Tyler Durden
ZeroHedge.com
01/18/2015
Recall that the stated purpose behind the reason why Mario Draghi’s ECB is about to launch a European government debt monetization program ranging between EUR500 and 1000 billion is to halt deflation, spark credit creation and rekindle inflation. Alas, if that is indeed the case, then as Deutsche Bank said has already determined apriori, it will be a failure. Here’s why from the biggest German bank.
First, a broad strokes preview of what the world’s most confused Central bank will do this week:
The Rest…HERE