Day: 13 December 2018

ECB ends QE on a dovish note

The ECB ends QE but a dovish tone from Mario Draghi drove the Euro down a little today. “He’s playing the markets nicely”, says NAB’s David de Garis on today’s Morning Call podcast.

Will banks ever behave?

Banks develop speculative bubbles because they have risk mitigated by government bailouts. I ask Steve Keen how we change the behaviour of banks, so they lose out on risks, rather than holding the economy to ransom.

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