Banksies

“This explains why many Germans condemn the ECB’s unconventional monetary policy. This criticism has quite good reasons, but it goes far beyond the factual framework.

What is a framework but a way to think ‘bout facts? Or should I say “phacts?”

“Postponed reforms threaten to forge economic structures in the euro area as stale as Japan’s, while leading to even greater disintegration.

Which is a great example of linear thinking – rational though it absolutely seems – ’tis wrongheaded to say the least. Which in turn surely is a pun if there ever was one!
Source: Michael Hüther – http://www.politico.eu/article/mario-draghi-the-ecb-and-german-trauma-maastricht-ecb/ 20 april 16