On September 21, I attended a hearing of the Bundestag’s Finance Committee on the question of who should take responsibility for the high rates of price increases currently being measured. The Bundestag itself sums up this hearing under the title “ECB’s responsibility for inflation disputed” …
Just imagine: A doctor develops an ingenious diagnostic tool that can avoid misdiagnoses in many diseases, but the vast majority of his colleagues don’t want to use it because they think misdiagnoses are just part of the risk of patients’ lives that you simply have to accept. …
Those who make fundamental mistakes need not be surprised that they trigger fundamental irritations. The ECB has just decided that in order to fight “inflation” it will stop buying government bonds and raise interest rates, and already it is being overtaken by reality. …
Sometimes 13 does bring bad luck. At any rate, for Robert Habeck, Federal Minister for Economic Affairs and Climate Protection, Chart 13 in the Federal Government’s Annual Economic Report for 2022, which he has just presented to the press, is not a stroke of luck, …
