F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

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It's happening under our all eyes
The ECB is now officially financing insolvent states. Despite the laws for the ECB. How is that done? Very easy the ECB does not buy bonds directly of states but in a perfidiously way. As you have read yesterday the ECB lends out money to banks with 1...