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Game Changer

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September 06, 2012 – Comments (2) | RELATED TICKERS: SPY , DIA , QQQ

Jacob Kirkegaard of the Peterson Institute for International Economics says the plan is not a band-aid and

"really does have the potential to be a game changer."

Here's how it will work: The ECB will buy unlimited government bonds so long as that euro zone government complies with an economic reform program approved by the euro zone leaders. The ECB, in turn, will offset those purchases by taking an equal amount of money out of circulation, keeping its mandate to maintain stable prices.

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2 Comments – Post Your Own

#1) On September 06, 2012 at 11:37 PM, Varchild2008 (85.74) wrote:

And that solves the Regulatory, Tarrif, Trade Negotations, Natural Resource Import/Export balancing, taxation, education, and motivation that is needed to boost economies....

How exactly????

Buy up Bonds endlessly.......problem solved.....huh!?

I   DONT    THINK    SO

Not when France is about to issue a 75% tax hike on Job Creators while Greece is stuck with outdated, horrible, European Union rules which make it a NIGHTMARE to import/export goods to non-European Union countries.

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#2) On September 07, 2012 at 11:13 AM, IBDvalueinvestin (99.67) wrote:

Varchild2008,

Yes its not a game changer in all of the worlds problems, but it is a game changer in respect to the ECB  buying unlimited government bonds.

A game changer is an event that occurs or is about to occur that changes the current business landscape.

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