EFTA01070751Set 9
5p3,902w
cost of money (zero). Eventually, however, the ECB might have to engineer a massive "Paris Club" debt
renegotiation, which is how governments forgive and restructure debt owed by developing countries ... Paris Club outcome
seems more likely than the ECB having an actual exit strategy for its purchases and loans. After all, let's remember why the
ECB is printing like
https://www.justice.gov/epstein/files/DataSet%209/EFTA01070751.pdf