ECB's Rehn on Monetary Policy, Political Instability
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- Опубликовано: 24 июн 2024
- European Central Bank Governing Council Member and Bank of Finland Governor Olli Rehn discussed monetary policy, the path forward for the ECB, and the risks of political instability, including in France, which Rehn says he does not see as "disorderly." He spoke Tuesday to Bloomberg's Mark Schroers in Helsinki.
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Currency crisis coming with high interest rate so nations such as Pakistan, Zimbabwe, Argentina, other African nations and Latin American nations should rush to combine their currency to form a new combine currency like Euro to overcome crisis. Bundle of sticks stronger than single sticks and a bigger ship has more currency reserve and bargaining power to ensure currency stability, prevent currency collapse due to currency attack and become more stable when sailing through volatile wave. If all nations globally combine their currency into one currency, there will be no more currency problems and currency risk anymore.
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