Wrong way round! ECB allows Governments to delay or abandon any structural reforms by bailing them out, keeping rates at absurd levels and effectively stealing from Savers - most of them low or middle income citizens that benefit little from the asset bubble the Central Banks create.
Governments Have Put the ECB in a Bind
Great Moments in Compulsory Government IDs
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In *Revolution*, Martin Anderson’s 1988 book about the Reagan revolution
and about Marty’s role in things, Marty tells an interesting story about
i...
9 hours ago
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