2min chapter

The Sound of Economics cover image

Quantitative tightening in the euro area

The Sound of Economics

CHAPTER

The Risks of QE

The ECB has been buying 19 different bonds and it's much more complicated because there is always this fear of monetary financing. I would actually argue the opposite just because of the structure of the ECB that the ECB's independence is much more secure than any other central banks. So in my view, the ECB is the most independent central bank and has to worry the least about having that taken away.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode