The ECB Needs To Act Like A Central Bank

The situation in Europe has now become deeply scandalous.

People's lives are being ruined and national governments are teetering on the edge of destruction.

For what?

It's not as if Europe has suffered some devastating plague that wiped out its human population. There's no war. There's not a blight creating a food shortage. Martians have not run off in the night with Europe's productive capacity.

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