As for government securities purchases on the primary market, in reality this power, which can put the independence of any central bank in jeopardy, is granted to none of the central banks of the advanced countries, not even to those that have undertaken massive programmes of quantitative easing on the secondary  21  Marco Casiraghi, Eugenio Gaiotti, Lisa Rodano and Alessandro Secchi (2013), “The impact of unconventional monetary policy on the Italian economy during the sovereign debt crisis”, Banca d’Italia, Questioni di Economia e Finanza (Occasional Papers), No.
Revelation 8:7  Your Most Reverend Excellency, Ladies and Gentlemen, A few months ago, when, at the kind insistence of your Chair, I accepted the invitation to take part in this event, the topic I had indicated was ‘Climate transition: the role of finance and of financial supervision’. Times have changed.