: He warns that "cheap money" creates artificial wealth that eventually collapses, hurting the middle class. 📝 Critical Review Title: A Warning from the Cassandra of Munich
: On the bursting of bubbles, the rescue of banks, and the "misguided" policies of the ECB. sie_gehoren_hinter_gitter_hans_werner_sinn_sehr...
: He believes the ECB violated the "no-bailout" clause of the Maastricht Treaty. : He warns that "cheap money" creates artificial
Full text of "Financial Times March 20, 2015 UK" - Internet Archive Full text of "Financial Times March 20, 2015 UK" Internet Archive Full text of "Financial Times March 20, 2015
The phrase "Sie gehören hinter Gitter" (They belong behind bars) is a well-known quote attributed to the German economist Hans-Werner Sinn , the former president of the Ifo Institute for Economic Research .
: By saving "failing" banks and nations, Sinn argues the ECB destroyed market discipline, rewarding reckless behavior.
: Supporters see him as a lone voice of reason protecting German taxpayers. Critics, however, argue his views are "ordo-liberal" dogmatism that would have led to a total collapse of the Eurozone if followed. 💡 Recommendation