“Monetary Policy Cannot Be the Only Game in Town”

Published on
November 5th, 2019
41 minutes

“Monetary Policy Cannot Be the Only Game in Town”

Real Vision Essential ·
Featuring Lucrezia Reichlin

Published on: November 5th, 2019 • Duration: 41 minutes

Lucrezia Reichlin, professor of economics at the London Business School and chairman of Now-Casting Economics Limited, joins Real Vision to discuss the political and economic jitters roiling in the Eurozone. Drawing upon her experience as a central banker, Reichlin argues that the continent's trio of low inflation, low growth, and record-low interest rates indicates the need for widespread fiscal stimulus consisting of large investments in infrastructure, technology, and green energy. Reichlin also addresses debt mutualization, integration costs, and the likelihood and timescale of a European recession. Filmed Friday October 18, 2019 in New York.