How Central Banks Corrupt The Politicians---Italy's Populist Government Wants Perpetual QE To Thwart "Speculators"!

today the topic of ongoing ECB QE finally came to a fore when the Italian Cabinet Undersecretary Giancarlo Giorgetti - a prominent member of League, the government coalition partner - said he hopes the ECB's quantitative easing program will be extended to "help protect the country from financial speculators."

 

 

 

https://www.zerohedge.com/news/2018-08-20/italy-urges-ecb-extend-qe-protect-speculative-attack

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.