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John Cochrane shares his analysis on the likelihood of another round of rule loosening by the European Central Bank.
He speculates that a new program, possibly named the Temporary Sovereign Support Program (TSSP), could be introduced as part of these changes. Cochrane invites others to join in guessing the forthcoming acronym.
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Cochrane previously argued for shifting student loans back to the private sector rather than keeping them under government control. In his earlier commentary, he supported fintech solutions over public intervention in the lending market. More details from Cochrane’s position on student finance are available in his article here.