cover image: What’s with the eurozone update?

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What’s with the eurozone update?

4 Aug 2012

A few of you have emailed and asked. I understand the latest as follows: Draghi basically understands the problem, but is hemmed in by Germany. He is now to some extent freelancing and daring Germany to pull him back in. He’ll print money to target short-term yields for the debt of the periphery, which he [...]
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Tyler Cowen

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