(PODCAST) Separating fiscal from monetary policy: can QE rescue the Eurozone?

In this address, Eric Lonergan clarified the distinction between monetary and fiscal policy and demonstrated how European institutions can create an opportunity for innovation in monetary policy, and Quantitative Easing (QE) in particular. He argued that QE in the Eurozone could be more effective than elsewhere and could lead to a recovery in global demand.

Prior to joining M&G, Mr Lonergan was a Managing Director and Head of Macro Research at JP Morgan Cazenove in London. He is the author of a book entitled; “Money”, which was recently published by Routledge and has published an article in the September 2014 edition of Foreign Affairs with Professor Mark Blyth entitled “Print less and transfer more”.