View Single Post
Old 05-05-20, 05:23 AM   #981
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 42,748
Downloads: 10
Uploads: 0


Default

Top German court says ECB bond buying scheme partially contravenes the law

https://www.dw.com/en/top-german-cou...law/a-53333374

Unfortunately - and intentionally - they waited so long that facts got created and nobodfy seriously thinks the ECB will now stop buying and financing states (which by the joke of Maastrict is forbidden). Financing and maintaining states has become the main purpose of the ECB.

It also is not to be expected that the german govenrment or the German Bundesbank will start to confront the ECB.

Nothing will change.
__________________
If you feel nuts, consult an expert.
Skybird is offline   Reply With Quote