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Re: ECB



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One would think that, but that doesnt mean its the truth. Never has been

-----Original Message-----
From: TheGonch <Daniel.Goncharoff@xxxxxxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Thursday, 7 January 1999 3:58
Subject: Re: ECB


>Most central banks in Europe are owned by the governments of those
>countries. The same is true of the Bundesbank, which maintains strong
>independence from the vagaries of politics, although a majority of the
>people in charge are political appointees. The terms are so long, and
>the national desire to avoid the hyperinflationof 1923, that the extent
>of political influence has bben small.
>
>Regards
>
>DanG
>
>nwinski wrote:
>> 
>
>>    Dan,
>>     Thanks. Who owns the central banks of Europe?
>> 
>> Equitibly,
>> 
>> Norman
>