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MAY 08, 2013 - Zero Hedge

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Germany Under Pressure To Create Money

It would seem this discussion is extremely prescient as ECB's Mersch is once again raising the spectre of Draghi and his cohorts looking at ways to reduce fragmentation (and implicitly in their view, improve SME lending) by securitizing SME loans and taking the ABS directly on to the ECB's balance sheet. This theoretical injection of credit into the system gets close to the fine line Germany won't cross of outright monetization (if you really squint). Perhaps, the ECB should consider 'demand' as opposed to supply and just who benefits... Via John Browne via Euro Pacific Capital, Currently, ... Read More

Tags: Germany Under Pressure To Create Money,  Eurozone Latest News