Come September, Draghi at the ECB will make loans to Eurozone banks on a long-term basis at rates less than the short-term lending window. The objective is to encourage banks to lend ……………………
ECB Will Lend to Banks Long-Term in Hopes They Will in Turn Lend Again
Papiergeld kehrt früher oder später zu seinem inneren Wert zurück – zu Null.
— Voltaire