Originally Posted by
drillerpie
Ahh so it's tequila not beer, makes sense now.
What makes a bailout a bailout? I think I've asked you seven or eight times now.
In your last post on topic you said it's a bailout when it the ECB overshoots buys more bonds than set out in its guidelines. Or rather it is when it happens to Italy but not to France for some reason.
This after polluting the thread with graphs and articles which had nothing to do with overshooting and all to do with QE being a bailout in itself. Although not for the US or UK, again just for Italy.
You also seemed to get QE mixed up with bailing out banks, it's more than that, the Fed buys various types of bonds in the USA, not just from banks.
Some clarity would be nice, although I fully expect to wake up tomorrow and find a drunken rant, irrelevant articles from the FT, a lot of copy and paste and several new tangents to distract from the point in hand.
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