Taylor rule, how would would that impede your response to such a crisis . The taylor rule would tell us that it should depend on only two variables the current level of real gdp or the out put gap and the current level of inflation. It obviously wouldnt take into account in any way our judgments about growth in the Global Economy how we expected the european economy would be affected or Global Financial markets by these such developments. So in that sense it really restricts any simple rule restricts the setting of Monetary Policy to a very short list of variables and typically there are current values. Thats one of the reasons. We spent spend a great deal of time and the forecast that we include in our Monetary Policy report that the participants right down, we present to the public every three months. Incorporate all of the kinds of information, what what we think is going to happen in the Global Economy, and those are economic developments. Those factor into our Economic Forecast an
Heard im sorry herman in berlin this is the day. For music or no matter how much they intimidate us no matter how many times they say they will not give us the keys to classrooms or that schools wont be open there is a generation growing up in our country that adds to this view with georgie that want to vote in catalonia with a new look at the. Stuff this is a session this process is illegal based on illegal premises it is the obligation of the rule of law and of each and every single government to prevent this from happening the motivation of those behind this is special process is to destroy spain feel that. They have this you know that i feel about spanish and catalan im not embarrassed to have two different cultures i mean reached by both of them i speak two languages and its nice to have this option is that. I dont share any of the ideas traditions or culture that are part of the rest of the country. I dont know i was born a slave turned from cultures dictatorship. But i show my t
The better miska no matter how much they intimidate us no matter how many times they say they will not give us the keys to classrooms or that schools wont be open and there is a generation growing up in our country that adds to this new majority that want to vote in catalonia with a new look at the. Young status all this secessionist process is illegal based on illegal premises it is the obligation of the rule of law and of each and every single government to prevent this from happening the motivation of those behind this is sessions process is to destroy spain feel that. Way and this is the one that i feel about spanish and kept a line of im not embarrassed to have two different cultures i mean which by both of them i speak two languages and its nice to have this option is that. I dont share any of the ideas traditions or culture that are part of the rest of the country. You dont know i was born a slave turned from cause dictatorship. But i show my through this vote i will die. Libera
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The carter miska no matter how much they intimidate us no matter how many times they say they will not give us the keys to classrooms or that schools wont be open there is a generation growing up in our country that adds to this new with georgie that want to vote in catalonia the name of the year. But you can. Stop us all this secessionist process is illegal based on illegal premises it is the obligation of the rule of law and of each and every single government to prevent this from happening the motivation of those behind this is sessions process is to destroy spain feel that. Way and this is the guy that i feel about spanish and cattle line and im not embarrassed to have two different cultures i mean rich by both of them i speak two languages and its nice to have this option is that you know. I dont share any of the ideas traditions or culture that are part of the rest of the country although. I dont know i was born a slave journey from cultures dictatorship. But i shall i say this v