Response to Jens Weidmann on Green Quantitative Easing
In a recent speech, the German central bank’s governor objected to Positive Money Europe’s “green quantitative easing” proposal. But his objections are biased, wrong-headed and surmountable.
Why “helicopter money” is the new whatever it takes
Seven years after Mario Draghi’s heroic “whatever it takes” speech, the European Central Bank needs to find new ways to reaffirm its ability to act.
Ending the fiction: central banks are not just technical institutions
Critics of Christine Lagarde’s nomination as future ECB President argue central banks should be only led by academics and technocrats, not politicians. They are wrong.
It is time to review the ECB’s monetary policy strategy
20 years after the creation of the euro and 10 years after the burst of the financial crisis, it is time to carry out a comprehensive review of the monetary policy strategy of the European Central Bank.
