Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
A critique of the ECB's liquidity policies | 66 comments (66 topical, editorial, 0 hidden)
Re: A fat finger mistake? (4.00 / 2)
A swedish kind of death:

It is good that you state it early and return to it in the end, but it is to convulated and you fail to state why it is important.

The ECB is depressing the economy by treating the euro as gold coins instead of the fiat currency it is. (Or strangling in an even more casual setting.)

How about this?

Migeru:

(basically, the ECB likes to pretend that issuing fiat Euros is as difficult as shitting gold ingots).


Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Carrie (migeru at eurotrib dot com) on Fri Feb 25th, 2011 at 10:55:34 AM EST
[ Parent ]

Others have rated this comment as follows:

JakeS 4
ARGeezer 4

A critique of the ECB's liquidity policies | 66 comments (66 topical, 0 editorial, 0 hidden)
Display: