Disliked{quote} Europe may need further QE, however; QE leads to seigniorage, which is synonymous to imposing a tax on those already holding money. An increase in currency may raise revenue over the short run, but over time, the EU will begin to experience the Fisher effect. Nominal Ir will cause bond prices to move inversely as interest rates increase. As the government prints more money, it will also crowd out investing, until it realizes that is must raise Ir. I'm not familiar with the parliament, but I'm just assuming that it operates in a similar manner...Ignored
Also, by no means I am a fan of QE, as it is a tax on the poor. However, I am interested to dig further to figure out the effect on our trading strategies.