Leaving the Euro | 72 comments (72 topical, editorial, 0 hidden)

Re: Leaving the Euro (4.00 / 3)

I agree, a lot of noise should be made about Weidmann. That it is not the case is a major part of the blame that can be apportioned to the various non-German Eurozone countries.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Mon Dec 1st, 2014 at 07:07:49 AM EST
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Re: Leaving the Euro (4.00 / 4)

Krugman is on the case :

What about resolving the problem of too little inflation in Germany? Very aggressive monetary policy might do the trick (although I wouldn't count on it), but German monetary officials are warning against such policies because they might let debtors off the hook.

by rz on Mon Dec 1st, 2014 at 09:33:55 AM EST
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Re: Leaving the Euro (none / 1)

Why? Weidmann is nowadays a total outsider at the ECB.

by IM on Tue Dec 2nd, 2014 at 06:22:51 PM EST
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Re: Leaving the Euro (4.00 / 2)

Same reason you need to prosecute war criminals long after the war has stopped.

And let's be totally candid about this: Weidman's policies have killed more people than most of the successfully prosecuted war criminals from the Yugoslav wars.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Dec 3rd, 2014 at 03:34:58 PM EST
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Re: Leaving the Euro (4.00 / 3)

Because it is totally outrageous that the Bundesbank want to force its policy preferences onto other countries, by failing to fulfill its mandate.
At present Jens "Worst entral banker of the world" Weidmann has little impact on the policy of the ECB, since it turned out that everything he says is total shit (inflation expectations are well anchored...not). But there is no doubt that he is still slowing down the ECB in adopting QE. Therefore attacking him makes total sense.

by rz on Thu Dec 4th, 2014 at 03:45:22 AM EST
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Leaving the Euro | 72 comments (72 topical, 0 editorial, 0 hidden)