Demand-oriented central bank policy

Setting monetary policy with a view to stabilizing domestic demand, which some policymakers have insisted on. – This guideline as a priority automatic instruction to act is ruled out for the ECB under Article 127 TFEU; this is because the priority target is defined as safeguarding the benchmark property of the euro…. – See adjustment policy, central banking, targeting, unidirectional, inflation targeting, poltergeist, price level control, two-pillar principle.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/