The European Central Bank has announced a programme of bond-buying of €60 billion a month, to be carried out at least until end-Sept 2016. Monetary policy around the world remains in the midst of a remarkable experiment: money creation is expected sustainably to solve real economic problems. It is possible that […]
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Top German quits ECB over bond-buying row | Reuters
Via Top German quits ECB over bond-buying row | Reuters, an astonishing story: The ECB confirmed Executive Board Member Juergen Stark, the central bank’s chief economist, would leave “for personal reasons” by the end of the year once a replacement was found, after Reuters reported exclusively that he had quit. … […]
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