Comments on: Why Mario Draghi scores AAA on PPP Mon, 18 Apr 2016 14:55:08 +0000 hourly 1 By: Zaichik Mon, 17 Dec 2012 23:09:10 +0000 The NYT editors did you a grave disservice by inserting “Mr.” into “Whereas Russell just looks at . . .” This demeans one of the world’s leading philosophers, a Nobel Prize-winner and a FRS!

Regarding Draghi, I think you overestimate his power. He is constrained by the European Treaty, and acknowledges those constraints. What he wants to do requires treaty modification, and no way that’s going to happen. Handing the keys to its Treasury to France will prove a step to far for Germany and the other “northern” EU members.