the debate heated up as drage said inflation expectations are falling and said he was concerned. he said the ecb governing council will acknowledge these developments at its meeting next week. that in turn raised expectations for further action, if not next week then in the month ahead. the former fed governor said they need to do shock and awe, they're so far behind the curve, but there's some potential problems. europe, after all, is not the united states. and there could be political objections from germany and other countries. plus, rates are already very low in europe. >> the idea of doing quantitative easing sounds good because they're doing some. in is a little lower than they would like, let's do something. but if you look at the treasury yields in germany, italy, spain, most of them are at or below where the u.s. ten-year yield is right now. the question is, if you were to go buy a lot of government debt in europe, what would you possibly achieve? the answer is not much. >> will there be any benefit? according to economists, this is the way qe is supposed to work. there'

my audience terry if you laugh well the night you will get a free car boa drage a drink i'm not lying all right let's take the news from behind there's a new children's book on the market little something for the kiddies called why my parents open carry this is a real this is a real book you can find in the section of your local bookstore entitled my child's not crying enough that it's important to children around six years of age learn why their parents haven't gone on their hip but honestly you don't normally need a whole book to explain that normally the conversation goes why does mom have a gun because grandpa. but let's look at this book cover for a second the father is clearly objective lay a pedophile mailman right dads that subject is either that or he's a woman with a fake mustache and i have absolutely no problem with women wearing fake mustaches i think that makes this book a far more interesting story that should have been entitled i have two mommies one with facial hair both of loaded firearms on their belt at all times even when drunk . the daughter is clearly older than