William White was interviewed by Daniel Stelter on 13 December for a podcast called “Beyond the obvious”. A wide ranging discussion of recent and prospective central bank policy emphasized the problem of debt accumulation and different ways of dealing with it. The discussion also touched upon Modern Monetary Theory and the possible implications should many governments and central banks try to implement policies of “financial repression” like those pursued by the UK and the US after World War ll. The interview in English proceeds at minute 42 of the podcast, being preceded by Dr Stetler’s summary in German of the discussion.
https://think-beyondtheobvious.com/die-zentralbanken-loeschen-mit-benzin/