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Back to Home » October 2012 News » European Central Bank's Outright Monetary Transactions (OMT): The Bazooka Approach |
European Central Bank's Outright Monetary Transactions (OMT): The Bazooka Approach |
October 11, 2012
Does the deployment of the European Central Bank's unlimited monetary firepower to save a single currency outweigh its potential impact on the rest of the world's economic infrastructure?
On September 6th, 2012, the Chairman of the European Central Bank, Mr. Mario Draghi, decided to use what some may call a military deployment to solve [...]
Source URL: http://www.1888pressrelease.com/european-central-bank-s-outright-monetary-transactions-omt-pr-429608.html
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