It's hard to imagine sometimes, that Trichet is human being sharing earth with us .. sometimes, when i hear him argue or talk i get the feeling, the entity called Trichet is a representative of superior race just visiting earth and trying to lay a hand, helping it's stupid majority ..
Former ECB Trichet: ECB Does Not Have To Copy Fed For Success
Former European Central Bank President Jean-Claude Trichet told MNI Saturday that the ECB does not to need to copy the US Federal Reserve to successfully fight risks of low inflation. In an interview with MNI on the sidelines of the European House Ambrosetti Forum in Cernobbio, Italy, Trichet said that the ECB's policies remain persistently underestimated and stressed that in his view no further central bank action is warranted at the current juncture. "The ECB does a lot in targeting the private securities on the one hand and on the other hand as regards to the supply of liquidity," Trichet commented on the ECB's ... (full story)