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Inflation: Thruway of ECB's monetary policy

Christian Seidl

No 2023-01, Economics Working Papers from Christian-Albrechts-University of Kiel, Department of Economics

Abstract: Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused by the Corona Pandemic, in particular lockdowns, part is caused by the Ukrainian War, part is caused by European sanctions, and part - and not the smallest one - is caused by the European Central Bank's printing money by hook or by crook in the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the European Central Bank.

Keywords: Inflation; Monetary Unions; Central Bank Policy; Money Supply; InterestRates; Financial Markets (search for similar items in EconPapers)
JEL-codes: E31 E42 E43 E44 E51 E52 E58 E63 F34 F36 F38 F45 (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-cba, nep-cis and nep-mon
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