Lagarde: When It Matters Most: Upholding Independence in Challenging Times | Crypto Craft

  • Lagarde: When It Matters Most: Upholding Independence in Challenging Times

    From ecb.europa.eu

    “I want the bank to be in the hands of the government enough, but not too much.” Napoleon Bonaparte said these words six years after founding the Banque de France, just as he was tightening his grip on the institution.[ 1 ] Two centuries later, these words still capture a tension that sits at the heart of our profession. To best serve the public interest, a central bank must be close enough to the state – but independent enough to resist the pressures of the moment. The 1970s taught us a great deal about this. The “great inflation” of that decade was not caused by a lack of independence, but by oil shocks ... (full story)

Added at 2:19am

Comment Options
DuranDuran
May 28, 2026 2:14am
Permalink
Lagarde is just a comically evil looking woman. “New world order”


She should be the next Bond villain after all her bribe payments run out.
Reply
AH92110786
May 28, 2026 3:12am
Permalink
i think every elite is corrupt no matter how they are
Reply
Trader#5C91
May 28, 2026 4:10am
Permalink
All liberals have that look
Reply
View 1 more reply to DuranDuran
Hide reply to DuranDuran
  • Story Stats

  • Related Stories