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ECB Rate Hike is Kiss of Economic Death [Ep. 269, Eurodollar University]

Eurodollar University

00:00

The Mr O Is Essentially the Target That the E C B Has, Right?

CNN's John Defterios looks at economic monetary measures, theire central bank money. He says for a long time eonia and m moro worked huncty dory until august of two thousand nine. Then they both went below their target rates - suggesting something was really wrong. It wasn't just a dollar breakdown or a yeur dollar breakdown, it was a global bank and global money breakdown,. ecause it's all really the same thing.

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