"ECB [European Central Bank] President Mario Draghi’s famous promise to do ‘whatever it takes’ to preserve the eurozone was a masterly move to buy time. But monetary policy cannot solve the currency union’s problems."
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Original Language: English
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Sources
Robert Rubin, "The Search for a Monetary-Policy Wizard and Political Moral Hazard", Wall Street Journal (February 23, 2015)
https://en.wikiquote.org/wiki/Euro
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Euro
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