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How Europe can ease off the quantitative easing
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2017-10-26 09:04:13
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}A daily digest of opinions and analysisHelpful Hints for Mario DraghiThe European Central Bank can and should cut back its stimulus. But it's a delicate task to avoid spooking investors. The Bloomberg View editorial board suggests when and how to ease off on the quantitative easing.The GOP's War of Words Is Just WordsSure, a Republican senator fires some parting shots at the president. But Leonid Bershidsky says Jeff Flake's retreat is not the way to make a patriotic stand against Donald Trump. If anything, the senator's speech is a sign that nothing has changed (according to Francis Wilkinson) and that the party's dysfunction will grow (according to Albert Hunt). One sad note from Francis Barry: The extremism of the GOP wasn't inevitable. It's a product of Flake's own ideology.Police Cameras Had No Effect. Why?It was a reasonable hypothesis: If police were being recorded, unjustified use of force would be prosecuted, innocent officers would be vindicated, and, most importantly, abuse would be less likely. But the data contradict that hypothesis. Megan McArdle cautions that the current challenge is to live with uncertainty.YouTube Is Now Brazil's Public SquareAnd the coin of the realm is laughs. Young vloggers have broken the mass-media stranglehold once created by a single network, and they're rising with the consumer class. Mac Margolis reports from the mansion of one self-made star.Ritholtz's ReadsMark Zuckerberg has bigger plans than the White House (Vice)Anger is temporary madness: The Stoics knew how to curb it (Aeon)Never walk by a mistake (Art of Manliness)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyGlaxoSmithKline can't have it allSometimes you beat the bear. Lately, the bear beats youU.S. airlines know how to squeeze passengers(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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