My Comment to John Redwood's morning posting 1st Dec 2011

The posting on the mysterious goings on (ECB QE perhaps?,) within the ECB on John Redwood's Diary, this morning, linked here,  was as follows:

Martin Cole

Posted December 1, 2011 at 7:01 am | Permalink

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I think the fact that you choose to refer to €9.3 Billion as a modest shortfall, brilliantly illustrates how the value of our money has been completely trashed over the past few years.