Annulation de dette par la BCE: pourquoi le jeu n’en vaut pas la chandelle

Annulation de dette par la BCE: pourquoi le jeu n’en vaut pas la chandelle

Depuis le début de la crise Covid-19, un débat a émergé sur la possibilité d’annuler les dettes publiques détenues par les banques centrales. Bien que la proposition soit faisable techniquement, notre analyse stratégique révèle que les efforts nécessaires pour gagner de telles campagnes seraient très importants, alors que ses gains potentiels sont incertains et plus faibles qu’on ne le pense.

“Central banks need to serve the needs of society”

“Central banks need to serve the needs of society”

The 2008 financial crash made clear how the workings of the financial world were not just technical matters for experts, but political questions that could upturn whole societies. In an age of climate crisis where the social consequences of 2008 are still being felt, central banks are in uncharted territory and having to rethink money in relation to society itself.

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