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kleinbl00  ·  1004 days ago  ·  link  ·    ·  parent  ·  post: ECB pulls out all stops with rate cuts, stimulus boost

I think it's because Draghi has become entirely predictable and entirely bully-able. We've got to be getting to the point where consensus holds the central bankers will keep shoveling money in until they lose the ability to do so, at which point the whole thing comes in for a hard landing. When that's the perspective, "shoveling money" means nothing more than business as usual.