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The ECB's quantitative easing was a failure -- here is what it actually did

Source: Cobden Centre
by Daniel Lacalle

"The main reason why the ECB quantitative easing program has failed is that it started from a wrong diagnosis of the eurozone’s problem. That the European problem was a demand and liquidity issue, not due to years of excess." (01/14/19)

cobdencentre.org/2019/01/the-e

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