Chancellor Angela Merkel has criticized the United States Federal Reserve and the Bank of England for “quantitative easing,” which has in practice allowed the central bank to monetize many types of government and non-government debt. The German government also successfully passed a constitutional law requiring the government deficit to be capped at 0.35% of GDP in 2016 and eliminated by 2020.
德国却是个例外，不是说它没有扩张政府开支，而是说它在谈到未来的时候开门见山，显得特立独行。德国政府采取了一个特别坚决的方针来对付赤字，还试图敲定一套退出策略。德国总理默克尔（Angela Merkel）曾经批评美联储和英格兰银行的“量化宽松”政策，说它实质上允许央行把各种政府和非政府债务货币化。德国政府还通过了一个宪法修正案，规定到2016年，政府赤字不得超过GDP的0.35%，到2020年则要彻底消除。