didly, mario draghi everything in his toolbox to try to get cash into the system, get money into the europe, try to push down the euro, bring up inflation. ring out theid not bazooka of quantitative easing. a lovely line saying that he lobbed a few dovish grenades, but traders were disappointed he did not bring out the quantitative the easing bazooka. it is not like the u.k., government, u.k. bonds. >> one bond to cover the whole area. >> spanish bonds come italian bonds, you have regulation to this, the legality. oft he has brought is a cut interest rates come in very well flagged, the negative deposit rate. banks are now charged but their money with the ecb, so they are more likely to lend it. you also have the 400 billion euros liquidity program, trying to get money into the corporate hands. incentivizing banks to lend. mopping up excess cash in the ,ystem, also intensifying buying asset-backed securities, but not yet. >> he says we are not finished. bute leaves the door open, maybe that is leaving the market to force his hand. so far the euro will remain trading higher, and we wi