Since June 2019, the ECB has acquired 91.2% of all Euro-area debt issued… essentially fully funding enormous budget deficits with newly printed Euros… How is this any different from Venezuela and Zimbabwe…?

by

https://twitter.com/WallStreetSilv/status/1486506189332656129
https://twitter.com/WallStreetSilv/status/1486488900176695298

Got a news tip or correction? Let us know

If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.

2 views