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So the ECB is so good at achieving its 2% CPI target that it has to change how it measures CPI and on top of this adding a new mandate of fighting against climate change.
Can't recall climate change in monetary books. Reminds me of the foundation of the ECB, which was political
Despite taking no action as expected, markets sold EUR. Some say it's because of Trump targeting the EU next (yes, I kid you not I read it on Reuters this morning). Has nothing to do w/ the fact that the strategic review is clearly going to veer the ECB towards somewhere. Well...pic.twitter.com/AE7awp5cAT
EBC recomend helikopter money for 
govement's. In Poland 
we have over 3% CPI but money supply is over 10% 
Isn't this a strawman? Did Lagarde or heads of other central banks day that the goal of monetary policy is to fight climate change or do they say that climate change needs to be taken into account in economic analysis and assessment of risks?
"We will support Lagarde as she makes the E.C.B. a lever for climate protection,” said Mr. Giegold. Sounds more than just assessment of climate risk to me
AMEN..... 100% correct! Europeans deserve better government!
Just give me less government.
Do you have a source for the changes on how CPI is measured from now on?
Maybe these CBs will fund an entire new industry in climate change as a means to juice economies and create new jobs instead of doing infrastructurer or building empty cities, as old CB policy tricks are not producing the same economic treats.
Central Banks now want to tackle “climate change”? What does this mean? Now the BIS is getting in on the game: https://www.bis.org/publ/othp31.htm
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