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14min chapter
#23 - Are central banks insolvent? Guest: Dario Perkins
Macro Mondays
The Long-Term Consequences of Quantitative Easing (QE)
The speaker analyzes the long-term consequences of quantitative easing (QE) and questions its effectiveness in benefiting the real economy. They discuss the political impact of negative equity and critique the policy mix of austerity and low interest rates. The speaker expresses hope that QE does not return in its previous form.
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