Europeans to Start Massive QE, Printing €60 Billion Per Month

by C Serpa, Grams Gold Seeing that QE worked so well in the US, the Europeans decided they would follow in our footsteps, seeking the same outcomes. The world is being told by our lamestream media that we now have a booming economy where about half of the workforce makes less than $10 an hour, most new jobs are waitresses, home-health care workers and bartenders, the most Americans ever are on Food Stamps, the least amount of percentage of Americans are working since 1978, a real unemployment rate of 23%, young people with college degrees have to live at home because they can’t find jobs and now even the one good-job creating sector, shale, is being annihilated. With all that positivism, the Europeans decided to take the plunge and print billions of dollars per month out of thin air, following in our footsteps, in which we printed $4 Trillion dollars over the last several years. The problem is, the Europeans have been listening to the lamestream media and government jobs and growth reports as if they were true. So sad…. (BBC) “The European Central Bank (ECB) says it will inject at least €1.1 trillion into the ailing eurozone economy. The ECB will purchase bonds worth €60bn per month until the end of September 2016 and possibly longer, in what is known as quantitative easing (QE). The ECB has also said eurozone interest rates are being held at the record low of 0.05%, where they have been since September 2014. ECB president Mario Draghi said the programme would begin in March.” No wonder the Swiss bailed out of that scene last week… image/Swiss-Francs-Public-Domain

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