<blockquote>'..There will come a point when the scope of the global Credit crisis finally surpasses the capacity of inflationary monetary policy.'
- Doug Noland,
An Eye on France, Italy and the Speculators, April 20, 2012</blockquote>
'..disguising the true scale of risk born by German citizens..'<blockquote>'..Earlier this week, the Foundation for Family Business in Munich filed a criminal lawsuit against the Bundesbank, accusing the board of disguising the true scale of risk born by German citizens.
..
..The latest poll shows that 56pc of Germans want a return to the D-Mark.
..
Dr Sinn's IFO Institute has refused to back down. Its latest report said Target2 violates democracy. "Who are the losers from this process? The savers in those remaining European countries that still have sound economies," it said. They have been pledged their assets "without their knowledge or consent".
"This enormous international credit should have been subjected to the parliaments of Europe," it said.'
- Ambrose Evans-Pritchard,
German tempers boil over back-door euro rescues, 19 Apr 2012</blockquote>
Context<blockquote>
(Banking Reform - English/Dutch) '..a truly stable financial and monetary system for the twenty-first century..''..ethics in particular .. absolute principle of ethics..' - '..deze fundamentele ethiek..'</blockquote>