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Leaving the Euro | 72 comments (72 topical, editorial, 0 hidden)
Re: Leaving the Euro (4.00 / 4)
The ECB is currently not fulfilling its mandate because its (self-defined) mandate is to keep inflation "below (but close to) 2% over the medium(-to-long) term" and it is failing on that score. The ECB should be reflating the economy, but it isn't.

That's what's meant by "Weidmann advocates not fulfilling its mandate".

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Tue Dec 2nd, 2014 at 10:46:25 AM EST
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Leaving the Euro | 72 comments (72 topical, 0 editorial, 0 hidden)
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