Mises Daily
Author:
Brendan Brown
Online Publish Date:
monetary comedy he created, the scene shifts to Frankfurt. The star of Act II is European Central Bank (ECB) chief Mario Draghi. As we pick up the story, Mr. Draghi investors in their search for yield have been chasing any half-plausible story. Europe with its onetime array of high-yielding markets has been fertile ground for into the veins of the European economy, though bolstering the European Monetary Union (EMU) in the short-term, could be fatal in the longer term. That is no laughing