The Traderszone Network

Published in TZ Latest News 26 September, 2016 by The TZ Newswire Staff

Mario Draghi makes a ridiculous argument for trickle-down QE

Draghi shrugs off direct financing of large companies against criticism of blurring the line of monetary policy
The ECB is buying the bonds of the largest companies in Europe. The problem is that this looks like monetary financing of mega-cap companies while leaving small businesses unaided.