Daniel Lacalle: ECB's stealth nationalization of the economy | GRP #21 (Part 1/2)
September 17 2021
How do central banks grow beyond their initial role as lender of last resort to buyer of first resort? Why is quantitative easing monetary laughing gas? Renown economist Daniel Lacalle (Tressis) discussed with Alexej Jordanov and Bart Brands the Austrian School of Economics, why Modern Monetary Theory will always fail, escaping the Central Banks' money printing, ECB policies and debunking its power over the economy.