QE has never ‘worked’ and never will, …
… unless you want to destroy the currency, the middle class & the poor, then it will work miracles.
The SNB already knew that the elitists will unleash QE and has left the floor.
QE is just a way, by now the only way, of kicking the can down the road, … until the entire financial system collapses.
– It’s Europe’s last throw of the dice but will the QE experiment work? (The Telegraph, Jan 21, 2015):
The European Central Bank could finally pull the trigger on quantitative easing to stop the deflation rot. But what are the options and how’s it all meant to work?
If the markets (and Francois Hollande) are to be believed, the ECB will be unveiling a fresh programme of monetary stimulus into the currency area on Thursday.
The aim? To boost inflation and finally help kickstart growth. Despite rumour and counter-rumour, we’re still not sure what exactly Mario Draghi’s final plans for monetary easing will look like.
But undeterred, here’s a breakdown of how (in theory) quantitative easing is meant to help save the eurozone.