tag:blogger.com,1999:blog-5713178645208582139.post5265727055365249466..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: A Graph for Mario Draghi and the ECB to PonderDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5713178645208582139.post-76473148355485182692012-01-13T09:31:24.780-06:002012-01-13T09:31:24.780-06:00Britmouse & Anonymouse:
Okay, I need to give ...Britmouse & Anonymouse:<br /><br />Okay, I need to give Draghi more credit for what he has accomplished so far given the political constraints he faces. He certainly is light years ahead of his predecessor. <br /><br />My fear is the ECB will do enough to stabilize the crisis, but not enough to restore robust nominal spending. If so the slump will continue.David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-57875581581189625542012-01-13T09:22:28.691-06:002012-01-13T09:22:28.691-06:00The Euro has behaved like Draghi has significantly...The Euro has behaved like Draghi has significantly eased policy too - dropped 10% since Nov 1st. I hadn't realised it was that dramatic until I checked. Straight line drop.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-72117055913786303512012-01-13T08:40:39.224-06:002012-01-13T08:40:39.224-06:00Draghi expanded the ECB balance sheet with assets ...Draghi expanded the ECB balance sheet with assets worth about 5% of Eurozone GDP in ONE DAY. Let's give the guy some credit. A few more days like that and we might be getting somewhere.Britmousenoreply@blogger.com