Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/ECB

What’s in a name?

…no matter the labels thrown upon them, going back 1000s of years. Its recurring features — concentrated power, weak accountability mechanisms, suppression of organized opposition — are structural problems of…

Very Rude Comments

…I note that the ECB has consistently targetted inflation (at least you are willing to give inflation targetting credit for events in 2005 and 2006. You must conclude that the…

What is Happening in Italy

…result, Italy enacted a harsh austerity plan with painful spending cuts. The European Union fiscal nagging body (Ecofin) and, more importantly the European Central Bank (ECB) demanded more. This lead…