> while the Fed and ECB do slip up sometime (keeping policies too long or not reacting fast enough).
The ECB is perpetually paralyzed by needing to acquiesce to the demand of born financially solid, and financially shaky members (of which there are a lot).
It is not incompetence but inability that binds the ECB.
The ECB is perpetually paralyzed by needing to acquiesce to the demand of born financially solid, and financially shaky members (of which there are a lot).
It is not incompetence but inability that binds the ECB.