ECB to Start Asset Purchases Program in October – Kicking the Can of Structural Reform Down the Road

Today on The Janssen Report (#71): ECB will inflate their balance sheet by at least 700 billion euros to purchase so-called ‘assets’ in an attempt to stimulate the economy.

I argue this will lead to inflation in asset markets, but the positive effect on the real economy will be limited. Japan and the US have already set the precedent.

What this policy WILL do is buy time: again it seems they are kicking the can of structural reform down the road.

Correction to the spoken text in the Report: I mention ‘700 trillion’ where it should be ‘700 billion’, obviously.

View this episode of The Janssen Report here:

Cheers,

Marco Janssen

Global Economy
Instituting Global Governance Through A Pre-Planned Event – Interview on Rethinking the Dollar

Today I appeared on Rethinking the Dollar to discuss how the world is now captured by the roll-out of global governance system through a pre-planned event. Check out the interview here: Hope you will enjoy the talk Mike and I had. See you soon! Cheers, Marco Janssen

Central Banks
The demise of the European Union: ECB failed monetary policy – interview on SilverDoctors.com

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Central Banks
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