Category Archives: Monetary Policy
Inflation fear shouldn’t constrain monetary policy
Central banks have more room to manoeuvre than inflation hawks think. Even temporarily excessive …
Filed under Monetary Policy
Gold move shows Buba can cave in to pressure
Germany’s central bank will repatriate some of its gold reserves. That could mean that …
Filed under Allgemein, Monetary Policy
Why the Euro crisis is the key to a stronger Europe
This essay originally appeared in the first issue of “TLQ - The Digital Magazine For Thought …
Filed under Banking, Economic Policy, Financial Crisis, Monetary Policy
Why there's more in Draghi's may-day speech than markets realise
Mario Draghi (Photo by Monika Flueckiger/ World Economic Forum, via Wikipedia)
At first sight, Mario …
Filed under Economic Policy, Monetary Policy
Killed by friendly fire? The Euro zone, banks and Draghi's “Big Bertha”
The Big Bertha, 1914 edition
The Big Bertha was one of the largest cannons of …
Filed under Financial Crisis, Monetary Policy
The Bundesbank and Target2 – the about-face that wasn't
It appeared like a stunning about-face. Earlier this month, press reports suggested that Bundesbank …
Filed under Monetary Policy, Target 2
Bundesbank's Weidmann on the origin and meaning of the Target2 balances
A couple of days ago, Jens Weidmann, the President of Deutsche Bundesbank, published an …
Filed under Monetary Policy, Target 2
The Italian Job – How Passports Influence Monetary Policy Decisions
Logo of the ECB (Image via Wikipedia)
The nationality of the ECB’s managerial staff matters …
Filed under Financial Crisis, Monetary Policy
Target2 debate – The ECB finally gets involved
Several months ago, German economist Hans-Werner Sinn stirred a debate about an alleged “stealth …
Filed under Financial Crisis, Monetary Policy, Target 2
"GIPS Euros" vs. "German Euros" – Debunking Hans-Werner Sinn, Vol. II
Hans-Werner Sinn (Image: Jan Roeder, via Wikipedia)
Repeating a wrong argument endlessly does not turn …
Filed under Financial Crisis, Monetary Policy, Target 2
