The EMU House of Cards

Armand Dormael

Chapter 11 in The Power of Money, 1997, pp 119-140 from Palgrave Macmillan

Abstract: Abstract News is what the news media say it is. The gathering of information and the production and distribution of newspapers is an expensive business, but it can also be very lucrative. The news agencies and the financial press, owned by or wedded to the corporations who control the financial markets, exert a considerable influence on the views and opinions of the public, carrying with it great potentials for useful information but also great danger of abuse.

Keywords: Interest Rate; Monetary Policy; Central Bank; European Central Bank; Wall Street Journal (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14301-6_11

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DOI: 10.1007/978-1-349-14301-6_11

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