WTF is happening with the Fed? WTF 7
CK and new co-host Ansel Lindner discuss the recent ruling in German courts that deemed QE activity by the European Central Bank to be illegal.
CK and new co-host Ansel Lindner discuss the recent ruling in German courts that deemed QE activity by the European Central Bank to be illegal.
Please rate and share the podcast!
Topics
- German Courts Said ECB’s QE Actions Were Illegal Under German Law
- EU Law Is Supposed To Trump German Law
- German Courts Give ECB 90 Days To Stop QE
- Real Risk Of Euro Break Up
- Fun Fact: European REPO Is Already Separated By Country
Links
German court ruling ties ECB’s hands – now and in the future
https://www.reuters.com/article/us-ecb-policy-germany-analysis/german-court-ruling-ties-ecbs-hands-now-and-in-the-future-idUSKBN22H1SH
Germany’s shock court ruling against the ECB challenges the stability of the euro zone
https://www.cnbc.com/2020/05/12/what-the-german-court-decision-against-the-ecb-means-for-the-euro.html
Germany’s Constitutional Court has gone nuclear. What happens next will shape the EU’s future
https://www.euronews.com/2020/05/15/germany-constitutional-court-gone-nuclear-what-happens-next-will-shape-the-eu-future-view
“The Weiss judgment involves an act of constitutional rebellion with potentially far-reaching consequences at many levels.”
ECB vs Fed roles
https://www.google.com/amp/s/amp.ft.com/content/79258c4c-d56d-11e9-a0bd-ab8ec6435630
Eurozone Breakup Risk at New High
https://www.thestreet.com/mishtalk/economics/eurozone-breakup-risk-at-new-high
What struck me was the close correllary between the ruling and Kentucky nullification acts in the US. This was German courts nullifying EU actions.
https://billofrightsinstitute.org/founding-documents/primary-source-documents/virginia-and-kentucky-resolutions/
Podcast homepage here
Twitter @BitcoinMagazine
