Mario Draghi makes a ridiculous argument for trickle-down QE

Discussion in 'Fundamental Analysis' started by ForexLive, Sep 26, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Draghi shrugs off direct financing of large companies against criticism of blurring the line of monetary policy The ECB is buying the bonds of the largest companies in Europe. The problem is that this looks like monetary financing of mega-cap companies while leaving small businesses unaided.

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