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The ECB is the most politically indepedent central bank out there. And unlike the Fed, whose price stability mandate is on a par with other goals such as macroeconomic stability and employment, the ECB is only charged with price stability.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Fri Feb 12th, 2010 at 02:19:04 PM EST
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