The ECB is the first and purest example of a modern central bank that is concerned only with the issuance of money and price stability. It absorbed much of the political inheritance of Germany’s Bundesbank, whose establishment after World War II reflected Allied insistence on breaking with German central banking’s past traditions, in which political subservience and close ties to the financial establishment undermined monetary stability, leading to inflation and the destruction of the currency.
欧洲央行只关注保证货币和价格稳定，在现代央行中尚属首例，也是一个最专一的现代央行。它继承了德国联邦银行的很多政治遗产。德国联邦银行成立于二战后，反映出联盟对脱离德国央行的过去传统坚定不移。在过去那种传统中，政治谄媚和与金融机构成立的密切关系破坏货币稳定，导致通货膨胀和货币毁灭。