Why a European version of quantitative easing (QE) will be tough
September 9, 2014
In the US, UK and Japan quantitative easing is straight forward. The central banks just add a couple of extra zeros to their balance sheets and then go on a spending spree buying the country’s debt. If the ECB wanted to do quantitative easing it would have to buy the debt of its members. This might be exceptionally difficult
William Gamble
I wrote last May that the European economy was stagnating.