ECB has given itself permission to depart from “capital key” that governs balance of its bond purchases. But it has done so only very slightly in favor of Italy and Spain. Nevertheless, the impact of ECB support on Italy’s bond yields has been dramatic.
thedailyshot.com/2020/12/11/tig… https://t.co/PSoZpptMoK
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…