Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
FWIW, 1.75% is very close to the current one-year interbank lending rate.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Carrie (migeru at eurotrib dot com) on Fri Feb 4th, 2011 at 12:43:50 PM EST
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