Schauble Agrees With Trump That Euro Is “Too Low” For Germany, Blames Mario Draghi
by Tyler Durden
ZeroHedge.com
Feb 5, 2017
“The euro exchange rate is, strictly speaking, too low for the German economy’s competitive position,” Wolfgang Schauble told Tagesspiegel. “When ECB chief Mario Draghi embarked on the expansive monetary policy, I told him he would drive up Germany’s export surplus . . . I promised then not to publicly criticise this [policy] course. But then I don’t want to be criticised for the consequences of this policy.”
The Rest…HERE
