We have our mandate and that is price stability. And where there are major redistribution effects, we have governments to even that out. It would be a major mistake to conduct monetary policy based on considerations other than price stability. Then you might as well place the central bank within the Finance Ministry. And I doubt that even they would like that idea.
It remains essential to keep monetary policy separate from the government.”  But you might also make a mistake and turn off the money flow too late? Praet: “I think there is a major difference in the sort of mistake you could make these days.