Just don’t ask where the money came from: ECB’s €489bn loan to eurozone banks fails to calm markets


Another day, another bazooka, another dud.

Yes, the money printers are at it again, and they won’t stop until you’re using Euro notes as fire lighters.

The ECB suggested that when it was founded it would behave like a German banker. Alas, they neglected to mention that the gentleman they had in mind was the one above, from the 1920s, rather than his grandson in the 1960s.


About Andy Duncan

An Austrian Internet Vigilante trying to live Outside the Asylum
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