– What ECB QE Will Do For The World (In 1 Word & 1 Simple Chart) (ZeroHedge, Jan 22, 2015):
- *DRAGHI SAYS TODAY’S MEASURES WILL BE EFFECTIVE
- *DRAGHI SAYS TODAY’S MEASURES WILL BOLSTER INFLATION
- *DRAGHI CITES SIGNALING EFFECT ON INFLATION EXPECTATIONS
“Different this time?” or “Einsteinian Insanity”?
With The ECB set to announce a QE4EVA-esque bond-buying initiative within the next hour or two, we thought it worth looking at just what The Fed’s balance-sheet experiment did for inflation expectations (the key narrative that is driving Draghi’s decision) and economic growth (what every politician is demanding Draghi help with)…
The answer… Nothing!!