{"id":5114,"date":"2015-01-31T13:28:02","date_gmt":"2015-01-31T18:28:02","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5114"},"modified":"2015-01-31T13:28:02","modified_gmt":"2015-01-31T18:28:02","slug":"ecb-euro-qe-wont-succeed","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5114","title":{"rendered":"ECB Euro QE Won\u2019t Succeed"},"content":{"rendered":"<h3><a href=\"http:\/\/www.theepochtimes.com\/n3\/column\/1214007-ecb-euro-qe-wont-succeed\/\" target=\"_blank\">ECB Euro QE Won\u2019t Succeed<\/a><\/h3>\n<p>The European Central Bank (ECB) leaked the information beforehand to test the waters and this time followed through on their promise: Money printing galore in the form of 60 billion euros per month ($69 billion).<\/p>\n<p>ECB president Mario Draghi has been talking about it since 2012 and now finally got the go ahead to boost the ECB\u2019s balance sheet from a measly $2.6 trillion\u00a0by at least another $1.15 trillion by September of 2016. The\u00a0Fed\u2019s balance sheet is $4.4 trillion.<\/p>\n<p>What do they want to achieve with this? Inflation (ever hear anyone complain about falling prices?) and economic activity. The old argument for QE, which was to calm\u00a0 financial markets, is clearly not needed anymore as volatility for pretty much every asset class on the planet\u2014apart from oil\u2014is at an all-time low.<\/p>\n<p>But are they going to succeed? And how are they going about it? Let\u2019s look at the second question first.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECB Euro QE Won\u2019t Succeed The European Central Bank (ECB) leaked the information beforehand to test the waters and this time followed through on their promise: Money printing galore in the form of 60 billion euros per month ($69 billion). ECB president Mario Draghi has been talking about it since 2012 and now finally got [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[233,2467,280,281,282,2246,426,661],"class_list":["post-5114","post","type-post","status-publish","format-standard","hentry","category-economics","tag-ecb","tag-emu","tag-euro","tag-europe","tag-european-central-bank","tag-european-monetary-union","tag-inflation","tag-qe"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5114"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5114\/revisions"}],"predecessor-version":[{"id":5115,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5114\/revisions\/5115"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}