In an article for the Tagesspiegel published on 11.02.2015, the journalist Harald Schumann argued that the potential losses sustained by the European Central Bank resulting from its government bond purchases would not be passed on to taxpayers, because the ECB can create money as it sees fit. Hans-Werner Sinn criticised this statement in the Tagesspiegel. An article by Martin Hellwig was also published in the Tagesspiegel on 23.02.2015 as a reaction to Hans-Werner Sinn’s article. In an article dated 09.03.2015 Charles B. Blankart showed that the assertions made by Martin Hellwig in his article were not applicable by listing Hans-Werner Sinn’s key publications on monetary theory.