18 November 2020 | The European Central Bank (ECB) is currently asking citizens and (especially) the financial and tech industries how they would like to see the digital euro that the ECB is working on. In bad EU tradition, it is not asking whether we would like it at all. But the survey offers fields where you can tell them anyway.
June 10, 2020 | In Germany and beyond, public policy in response to the Corona crisis operates with an unspoken basic assumption: the claims of capital are sacred. This is unfair and economically unreasonable.
June 8, 2020 | In many countries of the monetary union there are upper limits for cash payments. The European Central Bank (ECB) and the EU Commission have rubberstamped them, relying on a rather obscure legal basis. Using documents obtained from the archives of EU institutions, I can show that the ECB’s and the Commission’s reasoning are based on a misinterpretation.
May 21, 2020 | In his path-breaking history of central banking in Europe, a high-ranking manager of the European Central Bank shows central banking to be much older than the Anglo-Saxon historiography would admit, and that central banks have historically quite often served the purpose of financing public expenditure.
March 31, 2020 | On 15 June, as part of the Häring vs. Hessischer Rundfunk case, the European Court of Justice will rule on the conditions under which governments may restrict the use of the legal tender of the euro area. There is a lot at stake, not only for my campaign to obstruct the campaign to abolish cash, but also for the survival of the European Monetary Union.
February 19, 2020 | For many years, the European Central Bank (ECB) agreed to cash ceilings or simply ignored the fact that it was not asked for its opinion. That has changed radically. This change of mind might come in handy for my court-case on the right to use cash that is pending at the European Court of Justice (EJC). …