{"id":5020,"date":"2014-10-24T15:11:52","date_gmt":"2014-10-24T19:11:52","guid":{"rendered":"http:\/\/centerforfinancialstability.org\/wp\/?p=5020"},"modified":"2014-12-09T12:02:55","modified_gmt":"2014-12-09T17:02:55","slug":"otmar-issing-on-germany-in-the-ft","status":"publish","type":"post","link":"https:\/\/centerforfinancialstability.org\/wp\/2014\/10\/24\/otmar-issing-on-germany-in-the-ft\/","title":{"rendered":"Otmar Issing on Germany in the FT\u2026"},"content":{"rendered":"<p>Former ECB Board Member and Honorary Committee Member at Bretton Woods 2014 Otmar Issing penned a thoughtful piece in the FT on why arguments for Germany to prime the fiscal pump are faulty in <a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/9d2967b2-5557-11e4-89e8-00144feab7de.html#axzz3H5f6a31C\">Blame Germany for bad policies, not its reluctance to spend more<\/a>.<\/p>\n<p>The story is especially noteworthy as France and the European Commission continue to lock horns regarding the budget for 2015 (see\u00a0<a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/46117c34-59d6-11e4-9787-00144feab7de.html?siteedition=intl#axzz3H5f6a31C\">Paris defends budget amid EU irritation<\/a>). \u00a0Prime Minister Manuel Valls noted that \u201cWe decide the budget.\u201d \u00a0 On speculation that the commission will demand a review, he noted\u2026 \u201cThat\u2019s not the way it happens. France should be respected. It\u2019s a big country.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former ECB Board Member and Honorary Committee Member at Bretton Woods 2014 Otmar Issing penned a thoughtful piece in the FT on why arguments for Germany to prime the fiscal pump are faulty in Blame Germany for bad policies, not &hellip; <a href=\"https:\/\/centerforfinancialstability.org\/wp\/2014\/10\/24\/otmar-issing-on-germany-in-the-ft\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-5020","post","type-post","status-publish","format-standard","hentry","category-central-banking"],"_links":{"self":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/5020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/comments?post=5020"}],"version-history":[{"count":4,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/5020\/revisions"}],"predecessor-version":[{"id":5189,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/5020\/revisions\/5189"}],"wp:attachment":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/media?parent=5020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/categories?post=5020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/tags?post=5020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}