Summary:
...what actually is the base rationale for action? A particularly searching answer was offered in mid-June by ECB Executive Board member Isabel Schnabel in a talk she gave in the financial center of Luxembourg.Most of the post answers this question. Depressing from an MMT standpoint.ChartbookChartbook 223 Acting out of ignorance: the new logic of central bank inflation-fightingAdam Tooze | Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute
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...what actually is the base rationale for action? A particularly searching answer was offered in mid-June by ECB Executive Board member Isabel Schnabel in a talk she gave in the financial center of Luxembourg.Most of the post answers this question. Depressing from an MMT standpoint.ChartbookChartbook 223 Acting out of ignorance: the new logic of central bank inflation-fightingAdam Tooze | Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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...what actually is the base rationale for action? A particularly searching answer was offered in mid-June by ECB Executive Board member Isabel Schnabel in a talk she gave in the financial center of Luxembourg.Most of the post answers this question. Depressing from an MMT standpoint.
Chartbook
Chartbook 223 Acting out of ignorance: the new logic of central bank inflation-fighting
Adam Tooze | Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute