quantitative easing in europe, page-9

"The action reopens a program put in place during the 2008 global financial crisis under which dollars are shipped overseas through the foreign central banks. In turn, these central banks can lend the dollars out to banks in their home countries that are in need of dollar funding to prevent the European crisis from spreading further."

My comment:

Ah. How much simpler if Euroland countries used Euros to prevent the crisis from spreading further. It's time to stop being subservient to the USA and its greedy, unethical banksters.