Special Report-Mario Draghi’s Quiet Revolution by Reuters     Print Email

Special Report-Mario Draghi’s Quiet Revolution,  by Reuters in NY Times.  A comprehensive, behind the scenes look at Mario Draghi’s  crucial move to liberalize the money supply made available by the European Central Bank to European banks by creating one trillion new euros available for three year loans a low rate. Some are saying the move has “saved the euro.”  Draghi’s European style “quantitative easing”  reversed the existing tight money policy  advocated by Germany. (3/12)