Business Spectator
Why abolishing cash is not on the money
Kenneth Rogoff may be a good economist but he ignores something quite fundamental about the role of money.
Kenneth Rogoff may be a good economist but he ignores something quite fundamental about the role of money.
For Germany’s reputation as a place to do business, both cases are damaging.
When Chancellor Merkel visits New Zealand or speaks at the G20, she will of course try to portray a very different image of her country.
Whether Juncker’s political career will come to an abrupt end now depends entirely on whether he can sufficiently distance himself from the Lux Leaks revelations.
The ECB’s big experiment with negative interest rates is finally reaching ordinary people and two things are ironic about it: First, that it was a bank with a hint of gambling in its name which finally drove this message home.
© Dr Oliver Hartwich