Saturday, February 18, 2017

When Germany has 18% of the seigniorage

Merkel Says There Is A "Problem" With The Euro
Then, on Saturday, his boss German Chancellor Angela Merkel echoed her finance minister, and also admitted that the euro is indeed "too low" for Germany, but once again made clear that Berlin had no power to address this "problem" because monetary policy was set by the independent European Central Bank.
Your German shares are illiquid by  law, whoops. 

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