Frenkel: Conventional Monetary Policy Has Become Unclear

The video discusses the importance of investment for economic growth, emphasizing the need for confidence in the future and a clear regulatory framework. It highlights the challenges faced by monetary policy and the central bank's role in addressing economic issues. The impact of globalization and populism on economic policies is analyzed, stressing the need for fiscal responsibility and policy adjustments to ensure economic stability.

What does the speaker imply about the effectiveness of monetary policy in solving current economic problems?

What does the speaker mean by 'exit' in the context of economic policy?