Roach: Searching for Terms of Normal Monetary Policy

The video discusses the concept of regime change in monetary policy, focusing on the role of central banks like the Fed, ECB, and BOJ. It examines the impact of quantitative easing and interest rates on global economies, particularly the US and Europe. The discussion highlights the potential risks of financial instability and the influence of US monetary policy on global markets. The video also explores the economic outlook for Europe, considering growth expectations and the need for confidence in financial systems.

What are the potential risks associated with the Fed's unconventional monetary policies?

In what ways might U.S. monetary policy influence global economic conditions?