September 05, 2012 at 10:25 AM EDT
ECB to sterilize bond purchases
>    >   (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

>   
>   (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
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