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Europe is Damned | 125 comments (125 topical, editorial, 0 hidden)
Re: Europe is Damned (4.00 / 2)
What the ECB cannot do is fund a public debt issue, and that makes some sense from certain ideological perspectives.

Because by having passed through the bid-ask spread of a major investment bank, it is suddenly converted from a loan into a monetary instrument?

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Feb 12th, 2010 at 11:15:56 AM EST
[ Parent ]

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Europe is Damned | 125 comments (125 topical, 0 editorial, 0 hidden)
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