As long as the European Central Bank does not opt for an inflation target, it should stick to the two-pillar approach, but it should continuously improve its calculation of M3 by increased analysis and research activity.
Når Den Europæiske Centralbank ikke benytter inflationsmålsætningen, bør den fastholde strategien med to søjler, men kontinuerligt forbedre sin M3-beregning ved øget analyse- og forskningsaktivitet.