Weidmann, Munchau and Target2
This post was written by Karl Whelan
Here are some comments on the reported letter of the Bundesbank president to Mario Draghi. The blog software is objecting to posts longer than a couple of paragraphs, so for now I’ll just post links to files hosted on my own website.
Update: Here is a short piece on Target2 balances written by two Bundesbank staff that I’m guessing are not too thrilled with Mr. Weidmann’s intervention.