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CSPAN2 Key Capitol Hill Hearings April 17, 2015

To invest, borrow at negative yield, negative Interest Rates, that is very different i understand your argument but i understand the fear after government that doesnt want to have debttogdp ratio that exceeds 6 . In our government there is no fiscal room for deficit spending program. However, and this is a big however, europe as a whole eurozone as a whole is typified not only by a mountain of great private and public debt, which we do have, but there is another mountain hiding behind this, huge mountain of idle savings with nowhere go and it should be our joint project to energize motivate those idle savings to overcome the great fear that keeps them idle and channel them into protective investments. Not investments into assets but in real productive capacity. How do we do this . We have European Investment bank that could do this. And we have
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