My Candid View – Part 6


Here’s a snippet from Once Upon a TIme you will no doubt recall:

“The ECB, on the other hand, is not mandated to assist the economy like the Fed is.”

On the surface that condition might seem to contradict my view about monetary systems, namely that monetary systems must ensure that essential economic activity is facilitated or they will be discarded, but the price stability

Leave a Reply

Your email address will not be published. Required fields are marked *