Philipp Hildebrand: Monetary Policy Not Enough Anymore

The video discusses the limitations of monetary policy, emphasizing that it cannot solely drive sustained economic growth. It highlights the need for fiscal and structural reforms to support recovery. The discussion includes the challenges of negative yields in the global economy, which are attributed to excess savings and lack of investment rather than monetary policy. The video concludes by stressing the importance of creating conditions for growth through appropriate fiscal measures and structural changes.

What are the limitations of monetary policy according to the text?

How does the text describe the relationship between fiscal policy and monetary policy?

What factors are mentioned as contributing to the negative yield environment?

What actions does the text suggest are necessary for sustained economic growth?

According to the text, what is the role of structural reforms in the economy?