Quote:
Originally Posted by jfman
If you can provide more accurate figures I’d welcome those, but the principle applies in any case. No economies act in isolation from it’s neighbours and largest trading partners (to that end I include China, USA, etc).
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Quantitative easing.  |
You can’t just print money willy nilly. Sooner or later the money markets start pricing in the oversupply of currency and its value falls. That screws mightily with the value of all those billions of Euros squirrelled away in German savings accounts.