Paul Krugman @paulkrugman
Yes, yes, yes. The big problem with the ECB was that it was designed only to fight inflation; the greatness of Draghi is that he found a way to do whatever it took anyway. BoE is doing a Bagehot, and rightly so — PolitiTweet.org
Claudia Sahm 🇺🇦 @Claudia_Sahm
@TheStalwart The founding role of central banks is lender of last resort. that is always more important than inflation.
