… If I understand the news coming out of Europe correctly, the new head of the European Central Bank Mario Draghi is offering a simple deal: If fiscal policy becomes hawkish, monetary policy will be dovish. In other words, as government spending is cut to put European governments on a sounder financial footing, monetary policy will do its best to ensure that any adverse impact on aggregate demand is kept to a minimum… leggi tutto.
In altre parole: cessione di sovranità.
In altre ancora: cessione di sovranità da chi non sa governare verso chi sa governare.
