Policy entrepreneur
A new study co-written with Wojtek Kalinowski based an updated analysis of the ECB’s corporate bond purchae programme reveals a mismatch between the EU climate targets and the policies of the ECB.
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Central banks have a moral duty to mitigate the inequality effect of their own policies.
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The euro crisis is much more than a monetary crisis, but the ECB’s monetary policy must be fixed if the euro wants to survive.
» Read moreOne of the main issue of today’s economic shift of paradigm is that most of the people think like money is always scarce and has to remain so. This way, while the entire World is changing, we are still stuck into the old-fashion straitjacket of our monetary system, based on scarcity.
» Read moreJust a quick update on this blog in order to highlight one very worrisome (and little discussed) fact about the Greek crisis: the plunge of the money supply.
» Read moreWhat if everyone had access to cheap money central banks are flooding into the financial markets since the beginning of the crisis? Last week, The Washington Post published a nice post that raises the question.
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