The bailout for Greece was never about helping the people. Instead it was a bailout for the banksters with taxpayer money, looting the people.And the ECB buying up Greek bonds is pure quantitative easing (=printing money=inflation=tax on monetary assets), which will not stabilize, but devalue the euro.In this case things are a little more complicated [...] continue reading world news
Montag, 31. Mai 2010
ECB Buying Up Greek Bonds; German Central Bankers Suspect French Intrigue
The bailout for Greece was never about helping the people. Instead it was a bailout for the banksters with taxpayer money, looting the people.And the ECB buying up Greek bonds is pure quantitative easing (=printing money=inflation=tax on monetary assets), which will not stabilize, but devalue the euro.In this case things are a little more complicated [...] continue reading world news
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