"The reason we will not see rapid expansion in Germany is because
the economy is
doing all right as it is."
"While inflation of 5% in Germany would certainly be
very useful
for Spain et al
it would not be in the national German interest.
"
get that ?
take a deficit injection that heats up the german job market
reduces the trade surplus and kicks off a wage driven acceleration
of inflation
that would be bad for germany ?
"The only possible exception might be if the Eurozone
as a whole looked like
coming apart,
in which case it might be in Germany’s interests to incur these
costs."
might be..see germany hasn't really benefitted from the zone
such loose goose evanescent chitter is worthy of m pompador
