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BAGNAI: THE ECB MAKES POLITICS AND BLACKMAILS US BY MAKING US INDEBIT

We present this very interesting video by Alberto Bagnai speaking in the hall of Palazzo Madama.

There are two very important themes of the speech:

  • first of all the great legislative confusion of the government, with the bursting decrees which, among other things, are filled with inhomogeneous and contrasting contents;
  • secondly, what is happening at the European Union level, where an ECB gel board member has officially stated that in order to enjoy quantitative easing programs (PEPP, and APP), states will also have to use Commission loans which are not very welcome and which are linked to heavy management constraints, such as the main use, in digitization and "green" investments and which also bring with them a thoughtful control through the tools of the so-called "European Semester".

A real blackmail by the ECB and the Commission against individual states. So why doesn't the ECB simply cut the PEPP funds, that is, it doesn't stop buying bonds tout court? why some states would jump right away, but you can't tell.

Have a good listening


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The BAGNAI article : THE ECB MAKES POLITICS AND BLACKMAILS US BY MAKING OUR DEBIT comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/bagnai-la-bce-fa-politica-e-ci-ricatta-facendoci-indebitare/ on Thu, 12 Nov 2020 08:13:24 +0000.