RT: EU better off with ‘helicopter checks’ not QE

2012: What's the 'real' truth?

Published time: January 22, 2015 10:21

Click Here to see the video that actually accompanies this story.

The European Central Bank is expected to unveil a multibillion, if not trillion dollar, bond buying program, to save the troubled euro economy. One analyst suggests ‘easy money’ has failed in the past, and direct payment to people would be more effective.

In a bid to battle eurozone deflation, the European Central Bank is considering a massive cash injection into the bloc’s economy.

If the bank takes the aggressive step, it will announce a €1.1 trillion deal, or €50 billion in bond purchases per month through December 2016, according to two euro-area central bank officials, Bloomberg News reports. A milder €500 billion package was previously suggested.

READ MORE: 5 simple facts about US ‘easy money’

An alternative is put forward by financial analyst Ben Dyson who advocates that ‘helicopter’ money would better help…

View original post 242 woorden meer


Geef een reactie

Vul je gegevens in of klik op een icoon om in te loggen.

WordPress.com logo

Je reageert onder je WordPress.com account. Log uit /  Bijwerken )

Google+ photo

Je reageert onder je Google+ account. Log uit /  Bijwerken )


Je reageert onder je Twitter account. Log uit /  Bijwerken )

Facebook foto

Je reageert onder je Facebook account. Log uit /  Bijwerken )


Verbinden met %s