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A critique of the ECB's liquidity policies | 66 comments (66 topical, editorial, 0 hidden)
Re: I've got a feeling I haven't understood (none / 1)
The even simpler version seems to be that the ECB is paying banks to borrow its own money from them - and then discovering it's being overcharged.

Wacko-nomics FTW.

Although it is good news for banks. (Do we need a Good News For Banks macro yet?)

by ThatBritGuy (thatbritguy (at) googlemail.com) on Fri Feb 25th, 2011 at 12:56:57 PM EST
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A critique of the ECB's liquidity policies | 66 comments (66 topical, 0 editorial, 0 hidden)
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