That’s Fischer with a C, the Stanley variety

Livesquawk throwing up a link to his interview with Italian newspaper La Repubblica

The same arguments in favour of quantitative easing (bond purchases) that demonstrated their effectiveness for the U.S. economy are valid for Europe too. If the ECB moves in that direction, it will have positive effects

but warned that

The U.S. economy would not be where it is today without the speedy implementation of stress tests at the beginning of 2009 by the Fed, which then forced banks to recapitalise. The Europeans still need to do what we have done

Rtrs have more here

Earlier this week he had this to say on a variety of matters