Search
Home

ECB ‘free riding on global demand,’ says fund manager

Eric Lonergan

ECB ‘free riding on global demand,’ says fund manager from CNBC.

The European Central Bank is not discussing the “really big issue” in Europe, which is that they are missing inflation targets and running a larger current account surplus, Eric Lonergan, fund manager at M&G, said.

About The Author

Eric Lonergan is a macro hedge fund manager, economist, and writer. His most recent book is Supercharge Me, co-authored with Corinne Sawers. He is also author of the international bestseller, Angrynomics, co-written with Mark Blyth, and published by Agenda. It was listed on the Financial Times must reads for Summer 2020. Prior to Angrynomics, he has written Money (2nd ed) published by Routledge. He has written for Foreign Affairs, The Financial Times, and The Economist. He also advises governments and policymakers. He first advocated expanding the tools of central banks to including cash transfers to households in the Financial Times in 2002. In December 2008, he advocated the policy as the most efficient way out of recession post-financial crisis, contributing to a growing debate over the need for ‘helicopter money’.