Thursday, June 4, 2020

ECB buying Assets

Saw this article in the MSM, of all places!

Of course, they can tell you the truth in plain sight now, everyone is looking elsewhere and it's too late to do anything about it. Genius!

https://www.marketwatch.com/story/heres-what-the-ecb-has-been-buying-with-the-special-pandemic-asset-purchase-program-that-it-is-set-to-expand-2020-06-02?mod=home-page

Here's a paragraph from the article:
 
'A breakdown released by the central bank on Tuesday showed it bought €235 billion ($263 billion) of assets through the end of May, with €103 billion of purchases in April and €116 billion in May.'

Well, when you can create digital money on a screen, convince everyone it's real and then go around buying up real assets, why wouldn't you?

They won, folks, get over it!

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