An increase in the money supply through government intervention (i.e. quantitative easing) decreases the purchasing power of any local currency. However, When ECB pursues programmes like the “LTRO” (their version of money printing), this lowers their currency as well, although, investors in Europe send more money to the US as a result of its safe-haven […]
Tag Archive | "EUR/USA"
QE1, QE2, LTRO and QE3? – The Affects to the EUR/USA
Posted on 26 August 2012.
Posted in Economic Crisis, US Dollar CollapseComments (1,643)
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