The extra money is expected to percolate through the economy, quickening activity. The European Central Bank has just started a €1.1 trillion ($1.17 trillion) bond-purchase program to bypass the German veto on fiscal expansion.
如果说财政政策令人一头雾水的话，货币政策也不遑多让。中央银行试图通过开动印钞机——技术上通过在二级市场上购买政府债券实现——规避信心仙女。都出来的资金预期会在整个经济中渗透，加速经济活动。欧洲央行刚刚开始一项1.1万亿欧元的债券购买计划，以此绕开德国对财政扩张的否定。