Euro greed

Well, the European Central Bank (ECB) has issued 490 billion Euros to the troubled economies of Europe providing a net new liquidity of about 200 billion Euros. We're..uh..saved!? Anyone who follows the basics of monetary science knows that shoveling new currency into circulation without that new currency being earned by someone only causes inflation and steals purchasing power from the poorest classes of people. It literally is a tax on the poor to subsidize the rich. How is that, you say? Well, the people who get the money first, usually in the form of loans, get to spend it before the market adjusts prices up to absorb the surfeit of currency. Count on this, the Euro will drop against the US Dollar now and there will likely be another load of Euros dumped into the economies of Europe soon as this infusion fails (as it will inevitably) to fix the problem.
The Euro is in its death throes. Bail out now.