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Collectively? I suppose, if reasonable governments took power in Europe, they should be able to shift the composition of the ECB council over time.

Another thing I've been thinking about: the ECB inflation target is "close too but less than 2%". Does this mean "less than 2%" is a hard roof, or the center of a range?

The Riksbank target is 2%, plus or minus 1%, thus essentially an 1-3% range, but the closer to 2%, the better.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sun Mar 17th, 2013 at 12:56:48 PM EST
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