Trichet: Central Banks Can't Be Only Game in Town

Trichet: Central Banks Can't Be Only Game in Town

Assessment

Interactive Video

Business, Social Studies, Other, Life Skills

University

Hard

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The transcript discusses the role of monetary policy and central banks in challenging economic conditions, particularly in Japan, Europe, and the US. It highlights the limitations of central banks, the impact of negative interest rates, and the need for structural reforms by governments and parliaments. The conversation also touches on the challenges faced by European banking due to negative interest rates and the exceptional economic circumstances.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can governments and parliaments support central banks in their efforts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What do you think about the concept of 'helicopter money' as a monetary policy tool?

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