Monetary Policy Expert David Marsh "We Are Witnessing the End of Independent Central Banks"

Former investment banker David Marsh is critical of the European Central Bank and the U.S. Federal Reserve for having transformed themselves into political instruments. Inflation, he says, isn't dead - and it will come back.
Interview Conducted by Tim Bartz
David Marsh: "Inflation is not dead."

David Marsh: "Inflation is not dead."


Peter Rigaud / DER SPIEGEL

"In terms of political cohesion in the eurozone, the ECB must take into account the wishes of countries like Germany."