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robinsoncrusue 16 hours ago

https://robinjbrooks.substack.com/p/the-principal-agent-prob...

PeterHolzwarth 8 hours ago | parent | next [-]

Able to summarize what you mean vs just a link?

red-iron-pine 15 hours ago | parent | prev [-]

save people a click:

> The incentive structure at the ECB has become distorted and favors high-debt countries [that underperform or are risky]