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

Re: Leaving the Euro (4.00 / 4)

The ECB is currently not fulfilling its mandate because its (self-defined) mandate is to keep inflation "below (but close to) 2% over the medium(-to-long) term" and it is failing on that score. The ECB should be reflating the economy, but it isn't.

That's what's meant by "Weidmann advocates not fulfilling its mandate".

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Tue Dec 2nd, 2014 at 10:46:25 AM EST
[ Parent ]

Re: Leaving the Euro (none / 0)

Indeed. And that is certainly not a minor point.

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

by Cyrille (cyrillev domain yahoo.fr) on Tue Dec 2nd, 2014 at 04:20:45 PM EST
[ Parent ]

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

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