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"Central banks finance the deficit of the euro countries in gigantic scale" – Inside ParadeplatzInside ParadeplatzInside Paradeplatz

Summary by Inside Paradeplatz
According to Hans Geiger, EUR 4,000 billion, corresponding to 30 percent of GDP in the currency area, comes from individual central banks. Now Bald Chancellor Merz raises another EUR 1,000 billion. SNB financing of the state budget? Zero.
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Inside ParadeplatzInside Paradeplatz

"Central banks finance the deficit of the euro countries in gigantic scale" – Inside ParadeplatzInside ParadeplatzInside Paradeplatz

According to Hans Geiger, EUR 4,000 billion, corresponding to 30 percent of GDP in the currency area, comes from individual central banks. Now Bald Chancellor Merz raises another EUR 1,000 billion. SNB financing of the state budget? Zero.

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Inside Paradeplatz broke the news in on Thursday, March 27, 2025.
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