Demand Is Biggest Obstacle to ECB's Plan: de Longis

The video discusses global demand and inflation, highlighting challenges in China, the US, and the Eurozone. It emphasizes the need for coordinated fiscal policy to boost demand and interest rates. The ECB's recent measures, including interest rate cuts and expanded QE, are analyzed, along with their market implications. The discussion concludes with future expectations and strategies for economic stability, stressing the importance of fiscal policy over monetary measures.

What is the significance of the phrase 'diminishing returns' in the context of fiscal policy?

What concerns are raised about the effectiveness of monetary policy in the current economic context?