Former ECB Economist Issing on Populism, Monetary Policy, Trade

The video discusses the founding of the Euro and the European Central Bank, Germany's immigration challenges, and the rise of populism. It explores potential recession risks in the US and Europe, ECB's monetary policy, and global trade tensions. The discussion highlights the economic implications of these issues and the need for careful policy decisions.

What was one of the major challenges Germany faced after opening its borders in 2015?

• Decreased foreign investments

• Higher inflation rates

• Increased unemployment

• Strain on the education system

How does the speaker suggest Germany should handle the rise of populism?

• Implement stricter immigration laws

• Ignore populist movements

• Engage and argue with populists

• Focus solely on economic growth

What is a potential consequence of a recession according to the speaker?

• Higher immigration

• Stronger currency

• Increased populism

• Lower interest rates

What role does the Federal Reserve play in the economic cycle?

• Setting immigration policies

• Managing monetary policy

• Regulating trade agreements

• Controlling inflation directly

What was the ECB's recent decision regarding quantitative easing?

• To increase its scale

• To announce its end

• To decrease interest rates

• To continue indefinitely

What is a major risk associated with global trade tensions?

• Increased global cooperation

• Higher tariffs leading to trade wars

• Lower unemployment rates

• Stronger economic growth

What is the speaker's view on predicting exchange rates?

• It is essential for economic planning

• It is risky for one's reputation

• It should be done frequently

• It is irrelevant to monetary policy