By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
European Central Bank President Mario Draghi on Thursday unveiled a long-awaited program to buy up bonds and help bring down the borrowing costs of Europe's struggling governments.
The European Central Bank increased the bond purchases that have helped ease pressure on indebted governments from the eurozone debt crisis last week.
Mr. Weidmann says large-scale purchases that involve creating new money would violate the bank's mandate to fight inflation, which can be worsened by printing money.