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WARREN MOSLER | Modern Monetary Theory

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Weber Says ECB Should Start to Phase Out Bond Purchases ‘Now’

>    >   (email exchange) >    >   On Tue, Oct 12, 2010 at 1:17 PM, Kevin wrote: >    >   Warren >    >   I am interested in your views on this

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October 12, 2010

THE ECB HAS A SINGLE MANDATE, INFLATION, WITH NO INCENTIVE TO DEVIATE

Not to mention my bent is inflation and growth are, at best, very weak functions of interest rates, and they work mostly through the cost

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January 24, 2008
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