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11 Sep 2015
Germany’s Schaeuble says excess liquidity could lead to price bubbles
FXStreet (Mumbai) - German Finance Minister Wolfgang Schaeuble said on Friday that a large amount of liquidity could lead to price bubbles.
"We should learn lessons from last crisis”, he said. Schaeuble, along with the Bundesbank and ECB member Weidmann, has repeatedly criticized the unconventional monetary policies adopted by central banks and the ECB.
Earlier this week, Schaeuble stated that central bank policy could do little to help the economy when people and states take on too much debt.
"We should learn lessons from last crisis”, he said. Schaeuble, along with the Bundesbank and ECB member Weidmann, has repeatedly criticized the unconventional monetary policies adopted by central banks and the ECB.
Earlier this week, Schaeuble stated that central bank policy could do little to help the economy when people and states take on too much debt.