Quantitative Easing

In an age of climate crisis where the social consequences of 2008 are still being felt, central banks are in uncharted territory.

A Eurozone expert envisions how a new monetary policy – changing the way we pay, save, tax and spend – could fix the contradictions pulling Europe apart.

In order to evade another economic earthquake similar to or even bigger than the Greek crisis and to reinstate the trust in the Euro, the European Central Bank (ECB) took extraordinary measures to boost growth, raise inflation and indirectly lower the indebtedness of the Eurozone Member States: they started the Quantitative Easing (QE) program.