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 critique of the ECB's liquidity policies (4.00 / 7)
With a hat-tip to JakeS for coming up with this turn of phrase here on ET: A critique of the ECB's liquidity policies
The constituent rules of the eurozone appear to be based on the bizarre idea that sovereign debt is toxic until such time as it has been sanitized by going through the bid-offer spread of a major investment bank.


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 Thu Feb 24th, 2011 at 04:42:49 AM EST
[ Parent ]

Others have rated this comment as follows:

melo 4
afew 4
Bernard 4
Drew J Jones 4
Crazy Horse 4
Frank Schnittger 4
ARGeezer 4

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