Author

Topic: Eurozone reving up the money press (Read 1106 times)

legendary
Activity: 1540
Merit: 1000
December 16, 2012, 05:08:22 AM
#5
Quote
Hope not, wouldn't put it past our fearless leaders to chose to go down with a sinking ship though :/

Go down with the ship? They'll almost certainly take the money and run, just like the bankers have, either that or they'll find some other way to worm out of it, but I think they're running out of options.
sr. member
Activity: 504
Merit: 250
December 14, 2012, 07:15:03 PM
#4
Sorry, only Bitcoin news mentioning Bitcoin in the press section.

Got it. Someone please move it.
hero member
Activity: 763
Merit: 500
December 14, 2012, 06:40:16 PM
#3
this should (technically) be moved in the economics section.
legendary
Activity: 1615
Merit: 1000
December 14, 2012, 06:07:12 PM
#2
Interesting, but no mention of Bitcoin in the article.
sr. member
Activity: 504
Merit: 250
December 14, 2012, 05:57:59 PM
#1
Eurozone reving up the money press:
http://deutsche-wirtschafts-nachrichten.de/2012/12/14/zentralbanken-aendern-kurs-und-wollen-hoehere-inflation-zulassen

Sorry to supply you guys with a German link, but this is on multiple television news channels across Europe yesterday and today.

the bottom line the ECB is allowing higher inflation rates in the member states. I think this is a reaction to this weeks tumbling of the Dollar against the Euro. If the Euro gets to expensive, Euro country exports will suffer which will cost even more jobs!

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