James Surowiecki of The New Yorker writes on what the Eurozone is not doing. Specifically the European Central Bank is not doing "quantitative easing" for two reasons. One is that they feel that they can sit on the side and simply benefit from the "quantitative easing" the US fed is doing. Secondly is their fear of stoking inflation / hyper inflation akin to that of the 1920s in Germany. MORE.
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