# Prof. Kim Schoenholtz on Germany's central bank accepting higher inflation in Germany

1 Faculty News May 10, 2012 ![](/sites/default/files/styles/246w/public/assets/images/con_030601.jpg?itok=GeJte3i1)>

Excerpt from [Bloomberg Businessweek](http://www.businessweek.com/articles/2012-05-10/yes-germany-might-boost-inflation-dot-heres-how) -- " ... the only way the euro zone as a whole can stick to its inflation target is for the stronger countries, such as Germany, to permit inflation rates above the euro zone average. ... 'It’s simple arithmetic,' says [Kermit Schoenholtz](http://www.stern.nyu.edu/faculty/bio/kim-schoenholtz), director of the Center for Global Economy & Business at New York University’s Stern School of Business."

[Read more](http://www.businessweek.com/articles/2012-05-10/yes-germany-might-boost-inflation-dot-heres-how)