Note that I approve of the independence of regulators - to apply neutrally macroeconomic policies defined by the political world. I approve of the ECB's independence, and I also approve the goals which were set for it, which are sound and consistent with the instruments they have.

There is currently no understandable goal in the energy sector beyond preventing the French government and others from defining energy policies at the national level.


In the long run, we're all dead. John Maynard Keynes