Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The point of subsidizing the intermediaries is to get them to release some of the money they're hoarding. If you don't want to do that, either you tax it or you inflate it away from them.

To err is of course human. But to mess things up spectacularly, we need an elite — Yanis Varoufakis
by Carrie (migeru at eurotrib dot com) on Fri Nov 25th, 2011 at 02:47:04 AM EST
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