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Missing an European Treasury | 13 comments (13 topical, editorial, 0 hidden)
Precisely ... there is no need to ... (none / 1)
... market the bonds if the conditions when the bonds are required. The ECB should simply hold them and create corresponding Euro reserve accounts.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Thu Mar 25th, 2010 at 02:38:03 PM EST
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ARGeezer 4

Missing an European Treasury | 13 comments (13 topical, 0 editorial, 0 hidden)
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