QE

ECB: Rates, stimulus program unchanged

The euro reacted to the ECB’s announcements on Thursday by rising to its highest position against the US dollar in two weeks [Xinhua]
The euro hit a two-week high against the US dollar late Thursday after the European Central Bank (ECB) agreed to keep it’s current stimulus (quantitative easing) program as is with no change.
Just ahead of markets closing in Europe on Thursday, the euro rose 0.67 per cent to 1.134 against the dollar.

Raining Money on Main Street

Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on ZeroHedge titled “It Begins: Australia’s Largest Investment Bank Just Said ‘Helicopter Money’ Is 12-18 Months Away.”