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View Full Version : Germany's Weidmann Says ECB Can't Bail Out Governments by Printing Money - Bloomberg



NewsWhore
11-08-2011, 11:10 AM
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Germany&#39;s Weidmann Says ECB Can&#39;t Bail Out Governments by Printing Money (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGtLKItWnlSVD6xQR5BTeHcqzhFWg&url=http://www.bloomberg.com/news/2011-11-08/germany-s-weidmann-says-ecb-can-t-bail-out-governments-by-printing-money.html)
Bloomberg
Weidmann also rejected proposals to use Bundesbank currency and gold reserves to help finance purchases by a special fund, saying this is another form of monetary financing. Such a course “undermines the incentives for sound public finances, ...

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