A Great Achievement in Central Banking (II) | 120 comments (120 topical, editorial, 0 hidden)

Re: A Great Achievement in Central Banking (II) (none / 1)

No, that's the point. Reuters got it wrong.

by Katrin on Wed Nov 23rd, 2011 at 08:37:22 AM EST
[ Parent ]

Re: A Great Achievement in Central Banking (II) (none / 0)

So the German government debt increased by 3.6bn today and not by 6bn?

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 Wed Nov 23rd, 2011 at 09:36:48 AM EST
[ Parent ]

Re: A Great Achievement in Central Banking (II) (none / 0)

exactly

by Katrin on Wed Nov 23rd, 2011 at 09:51:20 AM EST
[ Parent ]

Re: A Great Achievement in Central Banking (II) (none / 0)

But if the BuBa decides to sell .4bn tomorrow to depress interest rates, as part of monetary policy, then the federal debt increases by 0.4bn?

This makes no sense, especially when the BuBa lectures the federal government on the need to keep the amount of debt outstanding under control.

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 Wed Nov 23rd, 2011 at 10:10:00 AM EST
[ Parent ]

A Great Achievement in Central Banking (II) | 120 comments (120 topical, 0 editorial, 0 hidden)

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