German ECB member Weidmann:Cant print money to finance public debt

Discussion in 'Wall St. News' started by ASusilovic, Nov 8, 2011.

  1. Monetary analysis may gain importance at ECB
    Stable prices should be key goal for central bank
    Line between fiscal, monetary policy being blurred
    Leveraging EFSF with currency reserves is prohibited
    Hyperinflation showed why, monetary financing is wrong
    Musn’t lose sign of inflation goal during crisis
    ECB may extend monetary policy horizon
    German government should not weaken fiscal stance
    Aim is to apply policy symmetrically over cycle
    Best not to overburden central banks
    Cant print money to finance public debt