Accommodative monetary police is encroaching on fiscal policy

Source: Cobden Centre

"We believe that the ECB is presently using monetary policy in effect to conduct fiscal, as well as monetary policy. Elected politicians should be up in arms; that they are not would imply either that they do not understand this or that they simply accept it. This may provide an interesting pointer as to the future of the EU itself." (04/21/17)

http://www.cobdencentre.org/2017/04/accommodative-monetary-policy-is-encroaching-on-fiscal-policy/