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This FT piece on deb #cancellation is interesting and poses a few interesting questions.
Let me begin with what I do not like.
The case against cancelling debt at the #ECB https://t.co/o0Vvvf6leU
#monetization 1/
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This is what the FT seems to suggest too (this is why the piece is more complex than it seems)
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What is interesting is the last sentence of this paragraph:
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Interestingly, the strong independence of the ECB in this case could help.
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https://t.co/G4XhPZQZup
But the FT acknowledges that the issue is on the table and that sterilization may be part of the equation.
I am ok with this
/end