ECB Chief Economist: “As a Central Bank, We can Create Money to Buy Assets, This is Exactly Why Bitcoin was Invented”

2019-3-13 18:21

In an hour-long question and answer session on Tuesday, the chief economist at European Central Bank (ECB), Peter Praet defended its sub-zero policy rate, calling it a powerful tool that has more positive than negative effects.

“Negative rates continue to be a powerful tool to reach our price stability objective,” Praet said on Twitter. “The […].

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2019-2-15 22:51