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Draghi Said ECB Considered Buying Every Asset Except Gold: Ep. 29

The Peter Schiff Show

  • What is the goal of the “Inflation Mandate?
  • What is the exact number of the mandate?
  • If the real mandate is “less than 2%” they’re already there
  • The European economy is expecting another QE, but I don’t expect it.
  • How they plan QE if they don’t know what they are going to buy?
  • Draghi cites success of U.S. QE, but the Fed has not shrunk its balance sheet.
  • They discussed buying all assets except gold because this would highlight failure of QE