2007-12-21 — wallstreetexaminer.com
'The ECB frequently engages in these huge short term draining operations which offset the MRO- Main Refinancing, and LTRO- Long term refinancing operations. Problem with this stuff is that nobody pays any attention whatsoever to the whole picture readily available in public data. The so called extra liquidity being pumped into the system is fiction. Pure, unadulterated fiction.'
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