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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
Btw, the point of the paper isn't about negative rates but to create a 2-tier monetary system in which CASH IS TAXED & electronic money isn't.
USD will stay strong to attract foreigners to buy UST
So after brexit will it be italeave
Trump is targeting Irish Butter and Liqueur. 25%
Do you know economic impact for this virus outbreak in China and other Asian countries? Seems you won'tbe coming to Nagano... Olympics? Nahh..
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