Why does FT insist on wasting scarce quantitative easing, before removing the roadblocks in Europe?

Sir, again, sort of for the umpteenth time, you insist in that “Europe now needs full-blown QE” August 15.

Although you do not want to confess it, perhaps because for some really petty reasons, I know you are perfectly aware that the risk-weighted capital requirements for banks, acts like a roadblock that would stop any liquidity provided by quantitative easing, to reach by means of bank credit, those Europe most need to reach, namely medium and small businesses, entrepreneurs and star-ups.

Why would you want to waste what must be some quite scarce European quantitative easing before removing that boulder?