by Wolf Richter
Italian Prime Minister Mario Monti, while visiting Japan, summarized it
eloquently when he said, "The financial aspect of the crisis is
over." The ECB, despite any apparently fake German reservations, has
jumped with both feet on the money printing bandwagon where it happily joins
the Fed, the Bank of Japan, and other central banks around the world. The
endless flow of money has started in the Eurozone, and Greek politicians, it
now turns out, have figured this out.


























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