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The ECB's monetary policy has created public debt, it can also wipe it out

The rise in rates is not the result of market verdict alone. It also stems from choices made by the central bank, which is far from being a neutral player, explains economist Cédric Rogé, in an op-ed in Le Monde.

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The ECB's monetary policy has created public debt, it can also wipe it out

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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