Here’s the view of a reasonably well informed, reaonably well-eduacted and reasonably unbiased person:

QE is basically Mr Muscle for the financial system- it’s goal is to get money (credit) flowing. You suggest that QE is benefitting the asset-rich wealthy, which seems fair- but you also imply that it doesn’t benefit poorer…

ECB needs a monetary policy for the people

The ECB’s decision today — to boost quantitative easing and cut interest rates — is welcome, but not enough. It is hiking the amount of debt it buys each month from $60bn to $80bn, will buy some corporate bonds, and will even start lending to banks at…

Thanks for sharing your impressions. Interesting insights. Not surprising that Soros tweeted about the demise of the EU. Wishful thinking on his part. He would love the euro to go away so he could go back to make easy money by speculating on currency. But I think French and German leaders are wise to that and would rather see money invested in…