November 20, 2013
If the goal is to increase the inflation rate, then printing more money might seem like a reasonable way to go. But not in Germany. A Reuters piece on the NYT quotes German central bank head Jens Weidmann saying:
“There are no easy and quick ways out of this crisis. The money printer is definitely not the way to solve it.”
This appears in the context of a suggestion that the European Central Bank adopt quantitative easing to raise the inflation rate. So there you have it.