Gallo: A Link Between QE and Rising Inequality

The video discusses the implications of QE Infinity, focusing on how it can mislead investors and misallocate resources. It explores the effects of negative interest rates, particularly in Europe, where demographic changes have led to increased savings. The discussion highlights the link between QE and rising inequality, emphasizing the limitations of a one-size-fits-all central bank policy. The video concludes with a look at the ECB's bond purchasing strategy and its potential market impacts.

Discuss the implications of the demographic changes mentioned in the text on savings in Europe.

What challenges does the ECB face regarding bond purchases in Germany?