Southern Europe Has Not Seen Net Job Creation in over a Decade
The ECB should just do more QE. Monetary policy solved all the US’s problems following 2008 - should work for Europe too. Printing money to buy bonds definitey doesn’t cause inflation in asset prices or real estate. Furthermore, buying bonds is totally different than simply buying stocks. Additionally, I think people really like when the interest they’re paid on their savings is below the rate of inflation. In fact, they should follow Japan’s lead and start printing money to buy ETFs! This will definitely incentivize the creation of high quality jobs.