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"We shouldn’t go into the next crisis with an alternative to bank-mediated stimulus that nobody has even looked at."

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Jürgen Stark

The irresponsible ECB

Ultra-loose monetary policy stopped being appropriate long ago says Germany's Jürgen Stark, and the ECB's refusal to normalise policy faster is drastically increasing the risks to financial stability

20th Feb 18, 8:30am

by Guest

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