La Bundesbank non ha fatto il "divorzio"
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REVELATION: THE BUNDESBANK DID NOT DO THE “DIVORCE”
This little article contains a revelation: the German Central Bank did not do the “divorce” from the Treasury. When issuing debt securities, Germany does it at a pre-established interest; with “the markets” they want more interest, the Treasury gives the unsold goods to its central bank. E’ what Italy could also do until 1981: the Treasury issued BOTs; if i...
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