Draghi Hits Savers To Salvage Faux Recovery

Draghi Hits Savers To Salvage Faux Recovery

Posted by Peter Schiff on 06/18/2014 at 2:20 PM On June 5th, Mario Draghi, President of the European Central Bank (ECB), announced a package of measures, including a policy of negative interest rates, aimed at encouraging or even forcing Eurozone banks to increase their lending to businesses.Although previously imposed by Swiss banks on their depositors, this will be the first […]

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