sentences:  In another development, the Institute of Empirical Economic Research at the University of Osnabrueck collects and publishes TARGET2 data from all euro countries on the basis of the balance sheets of each central bank.Nevertheless, there are also some economists who contradict some points of Sinn's analysis.Paul De Grauwe and Yuemei Ji argue that Germany's and other countries’ TARGET claims could be made void, without suffering any losses, since the value of the central bank money, being "fiat money", is independent of a central bank's assets.