Otmar Issing Finds U.S. Euro, Germany Criticism 'Absurd'

The video discusses the Trump administration's claims about Germany's influence on the euro, the instability in Europe due to political and economic factors, accusations of currency manipulation by countries like Germany, Japan, and China, and the challenges faced by the European financial system in restructuring post-crisis. It also covers the IMF's demands from Greece and the feasibility of these demands.

What is the main reason the speaker refutes the claim that Germany is manipulating the euro?

• The euro is strong due to German policies.

• Germany no longer has its own currency.

• The euro's weakness is due to German influence.

• Germany has its own currency.

What is causing the instability in Europe according to the speaker?

• The strength of the euro

• US trade policies

• Germany's economic policies

• Political and economic uncertainties in Italy and France

What does the speaker say about currency manipulation in Europe?

• There is no currency manipulation in Europe.

• The ECB is actively manipulating the euro.

• The euro is fixed by European interventions.

• Germany is manipulating the euro.

How has the Chinese Central Bank acted regarding their currency, according to the speaker?

• They have weakened the yen.

• They have stabilized the yuan.

• They have strengthened the euro.

• They have devalued the dollar.

What challenge does the European financial system face according to the speaker?

• Lack of government support

• Excessive profits from high interest rates

• Slow restructuring and recapitalization of banks

• Rapid recovery from the financial crisis

What is the IMF's demand from Greece that the speaker finds challenging?

• A primary surplus of 3.5%

• Strengthening the euro

• Lowering interest rates

• Increasing government debt

What is the speaker's view on the sustainability of Greece's financial situation?

• Sustainability will be an issue in the long term.

• It is not sustainable at all.

• It is sustainable in the short term.

• Greece has already achieved sustainability.