ECB and fiscal policy

why deliberately crashing the Greek financial system if not to command policy?

If nations in the eurozone want to maintain the independence of their democratic governments and the accountability of their governments to the people, the first thing they must do is to make their central banks and their banking system responsible to the elected parliaments of their countries.

The EU, ECB and IMF has openly showed itself as a set of institutions bullying the nations of the Eurozone for the political purpose of enforcing neoliberal austerity more than as being an institution acting to maintain financial and banking system stability in Europe.

By cutting off liquidity from the Greek banks and to deliberately crash the Greek financial system to command policy in Greece was a violation of sovereign democracies, and by the ECB to do its utmost to maintain the stability of the financial and banking system in the eurozone.

Is this not just another way to try to bypass the individual EU or eurozone member nations, and the voters’ desire for an economic policy that benefits society, to replace it with one better suited for the banks, the ECB and the financial sector?

Right now, they are causing exactly the kind of mistrust and suffering that lead to the horrors of world war two.

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