4 ms·
> US Monetary Policy also not in the pocket of Cali or NY i.e. the important players, like Euro is in the pocket of Germans. In the past 20 years the main job
by mmarq 5y ago
> US Monetary Policy also not in the pocket of Cali or NY i.e. the important players, like Euro is in the pocket of Germans.
In the past 20 years the main job of the ECB has been to monetise Italian, Spanish, Portuguese and French debt.