Currency

Europe Turns On The Bat Signal

The building of the European Central Bank at night.
Thomas Lohnes/AFP/Getty Images

European governments have turned their eyes skyward looking for a hero to save them from financial collapse. But the signal they've sent into the skies over Europe is not the shape of a bat, it's the initials E-C-B, the European Central Bank.

On today's podcast, we'll tell you about the ECB's super powers and explain why they are so reluctant to use them.

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