So let me get this straight.
When inflation is low: "we need to do QE exactly like everyone else without minding that we have a Union without fiscal capacity and with weak sovereigns".
When it is high " we cannot undo QE because we have a union with weak sovereigns"?
RT @klaus_adam: 3. I also hear things like we want QT because „others do it“. It seems seems to me that the problem of other central banks looks quite different than the one faced by the @ecb, as th…

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