ECB Scrambles to Calm a Furious Germany: “Helicopter Money Was The Straw That Broke The Camel’s Back”

April 11, 2016

Over the weekend we reported that in a scathing Spiegel article the German financial media outlet let loose at the ECB with a report according to which Germany is now “taking aim” at the ECB as a result of the imminent launch of Helicopter Money by the Frankfurt-based central bank.

Spiegel even suggested that the German finance ministry would go so far as to sue the ECB to prevent this final monetary paradrop in a desperate attempt to stimulate (hyper)inflation:

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