It seems to me that the best way to curb private money's influence in the political sphere is to remove private money from the equation.

115. Recognizes the progress made by the EIB in establishing clear procedures vis-à-vis the Non-Compliant Jurisdictions; supports the Bank in its policy not to participate in any operation, implemented through a non-cooperative jurisdiction; calls on the EIB to evaluate the implementation and functioning of its “Policy towards weakly regulated, non transparent and uncooperative jurisdictions” (so called NCJ Policy), and to report to the European Parliament before the end of 2012; encourages the EIB to regularly review and update its NCJ Policy to ensure that EIB's financing operations do not contribute to any form of tax evasion, mone ...[+++]y laundering or financing of terrorism;

114. Recognizes the progress made by the EIB in establishing clear procedures vis-à-vis the Non-Compliant Jurisdictions; supports the Bank in its policy not to participate in any operation, implemented through a non-cooperative jurisdiction; calls on the EIB to evaluate the implementation and functioning of its ‘Policy towards weakly regulated, non transparent and uncooperative jurisdictions’ (so called NCJ Policy), and to report to the European Parliament before the end of 2012; encourages the EIB to regularly review and update its NCJ Policy to ensure that EIB's financing operations do not contribute to any form of tax evasion, mone ...[+++]y laundering or financing of terrorism;

When the situation becomes that drastic, a country needs to be able to apply the emergency brake and ‘slash’ the price of money.

When a situation develops in such drastic fashion, a country must be able to pull the emergency brake and 'lower' the price of money.

He did not order the governor of the Bank of Canada to lower interest rates and the debt burden.