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Yes, but having a central bank under political control is an aim both of the left and the right in France, whereas the right and I think also the social democrats in Germany oppose it.

Now, how would the ECB not have a one size fits all policy? How could you differentiate interest rates within a single currency?

by nanne (zwaerdenmaecker@gmail.com) on Wed Sep 12th, 2007 at 07:12:33 AM EST
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