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Where's the postbox? http://cedecspro.edu.co/ pthc boys The sensible approach would be to counterbalance such one-size-fits-all monetary policy with tight credit policy focussed on Germany, implemented via extra high bank capital requirements there. Maybe the ECB will eventually get round to such a rational policy mix. But it would be easier if it could operate like the Bank of England, which doesn’t have Chinese walls.
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Author: - Kirjoittanut: Anonymous, 05/24/2019, |