Looking forward to asking ECB president @Lagarde about the 135 billion (!!) the ECB gives to banks this year in interest payments on bank deposits.
Minimum reserve requirements achieve the same aim without costing taxpayers.

Read more from @pdegrauwe at https://cepr.org/voxeu/columns/extraordinary-generosity-central-banks-towards-banks-some-reflexions-its-origin
RT @EP_Economics: At 15.00 CET, ECB President Christine @Lagarde will be fielding questions from MEPs…

🐦🔗: https://n.respublicae.eu/paultang/status/1665712103573934089