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This note reviews the legal issues and concerns that are likely to play an important role in the ongoing deliberations of the Federal Constitutional Court of Germany concerning the legality of ECB government bond purchases such as those conducted in the context of its earlier Securities Market...
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the economy vulnerable to capital outflows and limited the policy room for maneuver. The paper finds that the measures …
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the economy vulnerable to capital outflows and limited the policy room for maneuver. The paper finds that the measures …
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expanding world economy was dollar balances. The role of the United States was to act as banker to the world, borrowing short …
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