Monday , April 7 2025
Home / Steve Keen's Debt Watch / The Power And The Impotence Of The ECB

The Power And The Impotence Of The ECB

Summary:
I’ve attended two conferences in two days where both the power and the impotence of the European Central Bank (EBC) have been on vivid display. Its political power is considerable, both in form and in substance. At both seminars, the ECB speaker—ECB Board member Peter Praet at the first, and ECB President Mario Draghi at the second—spoke first, and then left. In form, the ECB has no need to defend its policies because it is unimpeachable in its execution of them. In substance, it does not even considering engaging with its subjects—I use the word deliberately—in open and robust discussion. Click here to read the rest of this post.

Topics:
Steve Keen considers the following as important:

This could be interesting, too:

Steve Keen writes Zimpler Casino Utan Svensk Licens ? Utländska Casino Mediterranean Sea Zimpler

Steve Keen writes Login Sowie Spiele Auf Der Offiziellen Seite On The Internet”

Steve Keen writes Login Bei Vulcanvegas De Ebenso Registrierung, Erfahrungen 2025

Steve Keen writes What To Be Able To Wear To The Casino? The Complete Dress Guide

I’ve attended two conferences in two days where both the power and the impotence of the European Central Bank (EBC) have been on vivid display.

Its political power is considerable, both in form and in substance. At both seminars, the ECB speaker—ECB Board member Peter Praet at the first, and ECB President Mario Draghi at the second—spoke first, and then left. In form, the ECB has no need to defend its policies because it is unimpeachable in its execution of them. In substance, it does not even considering engaging with its subjects—I use the word deliberately—in open and robust discussion.

Click here to read the rest of this post.

Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

Leave a Reply

Your email address will not be published.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