>
> (email exchange)
>
> ”To sterilize the bond purchases, the ECB will remove from the system elsewhere the same
> amount of money it spends, ensuring the program has a neutral impact on the money
> supply.”
>
> blimey…
>
ECB to sterilize bond purchases
September 05, 2012 at 10:25 AM EDT
> > (email exchange) > > ”To sterilize the bond purchases, the ECB will remove from the system elsewhere the same > amount of money it spends, ensuring the program has a neutral impact on the money > supply.” > > blimey… > ECB Plan Said to Pledge Unlimited, Sterilized Bond-Buying