Blinder, Alan S.; Ehrmann, Michael; Fratzscher, Marcel; … - 2008
- Department of Economics, Princeton, NJ 08544-1021, USA; e-mail: blinder@princeton.edu
3 European Central Bank, Kaiserstrasse 29 … Wim Duisenberg hinted to an interviewer that there would be no further central
bank intervention to support the euro …. Those words led to an immediate depreciation of the
euro and to heavy criticism of Duisenberg. Similarly, when a supposedly …