From “Dividing by Zero” (Global Knowledge, 2016-2017), Ana Nives Radovic 

The European Central Bank has injected huge amounts of assets into the economy over the past two years in the course of rediscounting public debt of the Eurozone countries, which represents an exceptional monetary measure, referred to as quantitative easing is intended to bring back the rise of the inflation rate, which is itself supposed to neutralize the deflationary and recessionary forces that are affecting development.

The article is part of academic publication “Dividing by Zero” and will be available online after October 21st 2017, after e-book distribution to scientific research units.

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