Schönwitz, Dietrich - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 93 (2013) 4, pp. 243-246
monetary policy, leading to a controversial integration with fiscal policy and endangering the ECB’s independence as well as … the preservation of price stability as its primary target. To restore the strict distinction between monetary and fiscal … policy and to avoid monetary deficit financing, the author proposes to forbid purchases of government bonds not only on …