Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

FY360° | Quantitative easing in the Eurozone: It's possible without fiscal transfers

The ECB has been struggling to implement a programme of quantitative easing (QE) that would successfully target deflation.


The main difficulty is political, stemming from opposition from German institutions. Their argument against is that a government bond buying programme by the ECB would mix fiscal and monetary policy.
This column argues the opposite – such a programme can be structured so that it does not mix fiscal and monetary policy. It, therefore, would not impose a risk on German taxpayers...

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Mardi 20 Janvier 2015




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