Koo Asks: Is Germany winner or loser under QE?

Did The Swiss National Bank Have Knowledge of the Likely Market Value of Its Currency Before It Knocked Out the Euro Currency Peg? Does Germany Really Need Or Want Stimulus?

There are winners and, yes, there are losers in the European Central Bank (ECB) decision to engage in U.S.-style quantitative easing.  While the artificial stimuli that is credited by dulling once free markets is most often discussed in light of its positive attributes, a Nomura research report considers both sides of a coin. It analyzes Germany, whose economy is whirling with near full unemployment while achieving close to historic economic growth. The need for stimulus in the country that has witnessed its currency go to near worthless, ushering in the...