You are here

finance ministry

ECB Scrambles To Calm A Furious Germany: "Helicopter Money Was The Straw That Broke The Camel's Back"

Over the weekend we reported that in a scathing Spiegel article the German financial media outlet let loose at the ECB with a report according to which Germany is now "taking aim" at the ECB as a result of the imminent launch of Helicopter Money by the Frankfurt-based central bank.

Spiegel even suggested that the German finance ministry would go so far as to sue the ECB to prevent this final monetary paradrop in a desperate attempt to stimulate (hyper)inflation: