so basically they’ve just monetized the Eurodebt into our economy?
Time for the pitchforks yet??
That’s one way of looking at it.
Being a long-term American expat over here in Europe, all I can say, is “Thanks!” for taking on the debt of the useless eaters over here on the Continent (the PIIGS).
You guys are generous to a fault back in the USA.
Ben Bernanke.....playin’ it like a boss.
(just a little cynical humor, no offense but heavy sarcasm intended)