Only mis-managed banks need liquidity

Europe doesn’t need liquidity. Only some European banks, the mis-managed ones, need funds or they will fail. And if they did fail, the customers would simply go to other banks. Some customers might lose money, but not everyone, which is what happens when the European central bank issues new money. The value of the new money comes from the money already in circulation.┬áIf you hear the word liquidity, take action.

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