The COVID-19 shock infected the euro area’s financial markets, causing races for liquidity and sell-offs of even safe assets, including sovereign bonds. The European Central Bank stepped in decisively to avert further damage by implementing sound monetary policies, demonstrating the importance of being prepared before a new crisis unfolds.
As Catherine Austin Fitts said in her interview, use cash for everything. I look at my errands, where I’m going to spend money, approximately how much, add it up, go to the bank (or ATM), get cash and use it. After all, you’re going to use that debit card anyway. Use cash instead. Flood the coun
New York Fed Releases Report on Policy Actions in Response to the COVID-19 Pandemic newyorkfed.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newyorkfed.org Daily Mail and Mail on Sunday newspapers.
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The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.