Discover and read the best of Twitter Threads about #bundesbank

Most recents (7)

Some commentators of today's #BVerfG decision argue that it shows an #ordoliberal bias. Here are some first thoughts about this 1/
From a certain perspective, the #BVerfG decision ticks some key ordoliberal boxes: a) purporting to maintain a constitutional order that limits discretionary economic policy; 2/
b) advising the ECB to remain within its mandate, i.e. a rules-based approach; c) by forcing the ECB to consider the wider economic effects of #PPSP, it is signalling concern about potential “market-distorting” consequences 3/
Read 23 tweets
Avui dia de #SantJordi pots adquirir electrònicament el meu darrer llibre #QuèFanElsBancsCentrals en format electrònic al web del @grup62:
👇👇👇👇

ow.ly/sFzS50z68ut
Avui a partir de 2/4 de 9 del matí seré a @elsmatins de @tv3cat per tal comentar què podem esperar del Consell Europeu, que debatrà el paquet econòmic per a la reactivació de la UE.
Moltes gràcies a @elsmatins de @tv3 per convidar-me a valorar què podem esperar de la cimera de la UE d’avui. @ernesturtasun, jo també trobo a faltar debatre amb tu sobre economia, l’euro i els rescats! Bona Diada de #SantJordi !!!!
Read 151 tweets
@DePh3nix L'#INCUBO #NOCASH E IL #TEOREMA DI #PANGLOSS : DELLE TANTE PESSIME IDEE ESCOGITATE DALLA CIVILTÀ OCCIDENTALE PER AUTODISTRUGGERSI, L'ABOLIZIONE DEL DENARO CONTANTE È FORSE LA PIÙ FOLLE E PERICOLOSA.

by @EuroMasochismo

ilpedante.org/post/l-incubo-…
@DePh3nix @EuroMasochismo ... καὶ ἵνα μή τις δύνηται ἀγοράσαι ἢ πωλῆσαι εἰ μὴ ὁ ἔχων τὸ χάραγμα, τὸ ὄνομα τοῦ θηρίου ἢ τὸν ἀριθμὸν τοῦ ὀνόματος αὐτοῦ. (Apocalisse 13,17)
@DePh3nix @EuroMasochismo "Delle tante pessime idee escogitate dalla civiltà occidentale per autodistruggersi, l'abolizione del denaro contante è forse la più folle e pericolosa.”
Read 55 tweets
🇩🇪 It confirms that German GDP likely ⬇ in 2Q while proxies pointed to the risk of another ⬇ in 3Q (technical recession).

This scenario would add pressure on #Germany to launch a stimulus package to support growth at both the national and 🇪🇺 level.

🇪🇺 Trichet Sees Next Crisis if #ECB doesn’t get Help - Handelsblatt
handelsblatt.com/finanzen/geldp…
🇩🇪 #Germany’s economy needs a fiscal boost - FT
ft.com/content/5ea7db…
Read 67 tweets
#facciamocome la #Germania che mantiene il corso legale della valuta originaria (il Marco) dopo essere entrata nell’euro. Altro che #minibot (1/4)
#facciamocome la #Germania che riserva al governo la nomina di metà del board della #bundesbank lasciando al #bundestag l’altra metà. Altro che #Bankitalia (2/4)
#facciamocome la #Germania che consente alla #bundesbank di intervenire in asta ed acquistare #Bund se scendono sotto un certo prezzo. Altro che #spread (3/4)
Read 4 tweets
..poi un giorno ci farete sapere quanto avete alzato shortando italia quando eravate sovranisti (hawkish) e poi rigirandovi una volta tornati euristi (dovish)
Il "flip-flop" di questo governo oltre ad essere un bail-out mascherato per banche IT via BTP, è "gain" per establishment
Establishment IT alla "canna del gas"..."o XI...o MORTE"...
Read 1014 tweets
This is a great, thought-provoking speech by #Draghi, on European sovereignty. Though I disagree with some parts, the final part on “rules vs. institutions” is excellent. A thread. ecb.europa.eu/press/key/date…
Draghi starts out with the alleged conflict between EU membership and #sovereignty, which is crucial to understand the populism of #Brexit, Le Pen et al. He says: no conflict at all, to the contrary.
“True #sovereignty is reflected not in the power of making laws – as a legal definition would have it – but in the ability to control #outcomes … The ability to make independent decisions does not guarantee countries such control,” says Draghi.
Read 17 tweets

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