But he doesn't call it tapering when asked. Also they will now buy 1 yr bonds which was excluded from all other past purchases. ECB officially trying to target sh* t on the wall now. But wait, weren't they promoting negative bonds. What difference does this all make. These are the dumb of the dumb policy makers. They don't understand interest rates or socio-economic behavior or policy.
Submitted December 08, 2016 at 10:01AM by 500pagesaday http://ift.tt/2hjZNJ7
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