ECB board member Benoît Cœuré has hinted the bond-buying is likely continue past the initial 18-month period. The first round of purchases are expected to begin next week, amid a backdrop of easing deflation and a rise in consumer confidence in the currency union. Data from February showed a moderate uptick in inflation, with analysts suggesting consumer prices may have bottomed-out at -0.3pc last month. ...Why 1.1 trillion? Why not 2.1 trillion? If it is such a good idea, why not more? Because it's all a lie. The printing is a way to transfer the failure of mandarins to the proles. Printing to pay off the debt, inflating the value away, meaning the stupid prole's standard of living decreases. And to think, the stupid proles vote for these policies by electing politicians who install and maintain these policies. The proles love their chains as evidence by their votes time and again. Chains, sport, and dance shows. Debt which cannot be serviced is the route by which central bankers and their proxies STEAL the LAND, LABOR and RESOURCES of their host countries. It is warfare, make no mistake about it. This is done through QE,FRACTIONAL RESERVE LENDING, COMPOUND INTEREST, ZERO INTEREST ON SAVINGS, USURIOUS INTEREST RATES on homes, cars, education, credit cards, taxes, fees,inflation and the like. All of this is done with money created out of thin air. Is it any mistake that none of these bankers- DRAGHI, PAPADEMOS- brood of GOLDMAN SACHS, and countless others have not been brought to justice for SECURITIES FRAUD, MONEY LAUNDERING AND MARKET MANIPULATION? Can anyone dispute the fact that Lloyd Blankfein, Jamie Diamond, Fred Goodwin, Dick Fuld, Mozilo, John Thain etc etc etc are all free men even though they have been CAUGHT RED HANDED COUNTLESS TIMES? These snakes need to be indicted and prosecuted for treason and high crimes before they descend the world into chaos. If the representatives of supposedly democratic and freedom loving countries do not uphold their respective oaths, it is clear who they really represent.
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