Today Spain and France reported again rising Inflation data. Meanwhile the ECB is pumping liquidity in all its channels. This will kill the Euro-System... next step: YCC
Only today
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ECB SETTLED €2,588.3 BLN PUBLIC-SECTOR BOND PURCHASES.
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ECB SETTLED €20.5 BLN ABS PURCHASES.
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ECB BOND HOLDINGS UNDER PEPP €1.68 TLN AS OF LAST WEEK.
This fight will be spectacular... and very sad for a lot of people in the area.