Sunday, December 29, 2019
EU Economy On The Skids - Printing Money Is Always A Precursor To Disaster.
Rupert Lowe, Brexit MEP for the West Midlands, says the only thing that is propping up the EU’s sclerotic economy and Euro currency is the European Central Bank’s quantitative easing programme. QE, as it is known, is when a Central Bank prints money and pumps it into the economy to stimulate growth and job creation. Since 2015, the European Central Bank has bought around €2.1 trillion (£1.8 trillion) of assets in a bid to boost Europe’s ailing economic activity. Express.
AIG.
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