SocGen Explains That Since The ECB’s QE Will Fail, It Will Need To Be Increased To €3 Trillion, Buy Stocks…(MOAR Money For The 1%!!)
by Tyler Durden
ZeroHedge.com
01/22/2015
The potential amount of QE needed is €2-3 trillion! Hence for inflation to reach close to a 2.0% threshold medium term, the potential amount of asset purchases needed is €2-3tn, not a mere €1tn. Should the ECB target such an expansion of its balance sheet, it would have to ease some conditions on its bond purchases (liquidity rule, quality…) or contemplate other asset classes- equity stocks, Real Estate Investment Trust-(REIT), Exchange-traded fund (ETF)…- as the BoJ, previously.
The Rest…HERE