The central bank that puts the fate of nations in its own hands

It is a strange mix of bureaucracy, oligarchy and plutocracy, preferring to think of itself as nucracy – the rule of the wise. Now we need a new term for the rule of central bankers, because Europe is on the path led by the authorities of the European Central Bank.

I was already concerned that the ECB was using its powers to interfere in politics. but Decision of the governing council of the central bank To give himself what his head is, Christine LagardeIt takes much further than a typical central bank to choose what is called “sovereignty”, if at all, to back the bonds of troubled eurozone countries.