Macro Musings with David Beckworth cover image

Jens van 't Klooster on Recent ECB Policy: A Paradigm Shift Without Legislative Change

Macro Musings with David Beckworth

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The Two Thousand Five Decision - A Middle Ground

Two thousand five change in collateral policy really played a big role in making the urizone crisis worse, says Riht. But there's two other stories you could tell that contributed to the uriz one crisis - bad monetary policy and leadership. He adds its hard to say if castin lagarte would have been president of the c b in two thousand five exactly how would fiks have playedt i think that's impossible to answer. It's just the economic policy challenges that we have, because previously, nothing happened on a lot of thegenda ut.

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