German Central Bank Head Argues by Assertion

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.


Support Cepr


If you value CEPR's work, support us by making a financial contribution.

Si valora el trabajo de CEPR, apóyenos haciendo una contribución financiera.

Donate Apóyanos

Keep up with our latest news