And that is why he and other Bundesbank members have been so opposed to bond buying from the ECB.
Monetary policy is in the ECB’s realm. Fiscal policy is a matter for governments and never the twain shall meet, Stark and others believe.
And that is why he and other Bundesbank members have been so opposed to bond buying from the ECB.
Monetary policy is in the ECB’s realm. Fiscal policy is a matter for governments and never the twain shall meet, Stark and others believe.
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