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long-term refinancing operations

In part two of his series on quantitative easing, Michael Coote looks at the 'magic of portfolio substitution; and the ECB's answer to printing money.ing money.
24th Apr 12, 4:11pm
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In part two of his series on quantitative easing, Michael Coote looks at the 'magic of portfolio substitution; and the ECB's answer to printing money.ing money.