So many headlines, so little ability to figure out what any of it means. The financial industry must “serve the people” yet, they just got unlimited money for 3 years on whatever collateral they can scrape up?
How the ECB can promise that without printing is a big question. On the other hand, why back down and state that he “didn’t signal more bond purchases”? Very confusing.
On the other hand, “How to Serve Man” was one of the best twilight zone episodes.