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View Full Version : Merkel Makes Like Obama With German Stimulus Excluding Europe - Bloomberg



NewsWhore
03-26-2009, 05:10 AM
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Merkel Makes Like Obama With German Stimulus Excluding Europe (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3Dan0ME5IcV5bY%26refer%3Dhome&cid=0&ei=n0fLSYrQF43CMaDOkLcM&usg=AFQjCNGGyahlQkwaIQW-cyjhjuT3fflFqA)
Bloomberg
As a consequence of its use of the single European currency, Germany doesn’t have the monetary tools -- interest rates and money supply -- that central bankers have in the US and the UK Fiscal policy is the one lever the Germans can pull, and even that ...


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