Fast schon ein Geständnis

“While the low interest rate environment supports the overall economy, we also note an increase in risk-taking which could… create financial stability challenges,” ECB vice-president Luis de Guindos said non-ironically in a statement… which to us sounds an awful close to a mea culpa. Then again, we know that central banks never admit responsibility for “increases in risk-taking” so we wonder if he was just trolling everyone. mehr hier

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