One Trillion Euros Spent & This Is What Draghi Has To Show For It
by Tyler Durden
ZeroHedge.com
Sep 5, 2016
It’s been 16 months since the European Central Bank began its voyage into the unknowable in March 2015, and as The FT notes, this week marks a milestone – it has now purchased over EUR 1 trillion in government (and corporate) bonds since it began QE. And despite utter crap like this from Nowotny: “monetary policy has proved more potent than thought,” the big problem is – it’s not helping the real world…
The Rest…HERE
