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The Politics of Central Banking

According to AICGS Senior Fellow Alexander Privitera, both the Federal Reserve (FED) and the European Central Bank (ECB) are increasingly becoming political bodies, forced by growing public scrutiny to build their own constituencies.

The Exit Strategy

At the recent AGI conference “Rising Tensions between the European Central Bank and the Bundesbank,” AGI Senior Fellow Alexander Privitera and David Marsh, Co-Chairman of the Official Monetary and Financial …

The Master Tactician

Facing increasing headwinds within her coalition, Merkel has decided to ask for a constitutional majority of two thirds of lawmakers to endorse the European fiscal pact, arguably her main personal achievement since the beginning of the crisis. It was a bold tactical move that could have far reaching consequences.

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