The Dig: Europe w/ Anton Jäger & Dominik Leusder
Jacobin Radio
00:00
Unconventional Monetary Policy in the EU
The ECB pivoted away from its conservative principles by implementing what's called unconventional monetary policy. Mario Draghi gave a famous speech in London that the ECB will do whatever it takes to stabilize the European bond markets. The euro crisis for then over because suddenly you don't have this contagion risk in a meal, he says.
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Transcript
