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The ECBuBa can never get into any meaningful legal dispute, because its mandate explicitly includes protection from all democratic oversight. Central bank independence, remember?

Again: Will you at least grant that central bank independence is an idiotic doctrine and that the bank should be directly subservient to the Commission, just like every other EU civil service?

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Aug 15th, 2011 at 09:37:41 PM EST
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