R. Werner: Which policy has historically been most succeesful in avoiding these cycles and crises?

Richard Andreas Werner (born January 5, 1967) is a German economist who is a professor at the University of Southampton.

Werner is a monetary and development economist. He proposed the term quantitative easing, as well as the expression "QE2" referring to the need to implement true quantitative easing as an expansion in credit creation. He also proposed the "Quantity Theory of Credit", which disaggregates credit creation used for GDP transactions on the one hand and financial transactions on the other hand.

https://en.m.wikipedia.org/wiki/Richard_Werner

(Mar 2015)

Source: https://youtu.be/te8LIMfrkyk

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