The Exit Strategy
At the recent AGI conference “Rising Tensions between the European Central Bank and the Bundesbank,” AGI Senior Fellow Alexander Privitera and David Marsh, Co-Chairman of the Official Monetary and Financial Institutions Forum (OMFIF), discussed the role of the European Central Bank in the current phase of the financial crisis in Europe. In this podcast, Mr. Marsh examines the role of the Bundesbank, the imbalances in the euro zone cross border payment system TARGET2, and the likelihood that the ECB will soon implement an exit strategy from its so called non-standard measures.
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