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Draghi Says ECB Should Examine New Ideas Like MMT

  • Says that some recent proposals out there are untested
  • Notes many are fiscal policies in the realm of governments
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Draghi Says ECB Must Be Vigilant to Side Effects of Easy Policy

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European Central Bank President Mario Draghi said the Governing Council should be open to ideas such as Modern Monetary Theory, while noting they’re closer to fiscal policy and should be directed by governments.