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August 5, 2012

The German Press Responds To Draghi: "Vengeance Will Be Bitter"

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And, as expected, it's not happy. The punchline: The central bank is to become subordinate to finance ministers in crisis-stricken countries. In Draghi's homeland Italy, such a situation was the norm for decades -- and the result was chronic inflation. Now, he is accepting a repeat of history. On... FF News: Fundamental

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