Bundesbank’s Weidmann Opposes ECB’s QE Jens Weidmann, president of Bundesbank, Germany’s central bank, believes that the European Central Bank’s (ECB) monetary expansion policy could do more harm than good since the European economy is already growing and opposes the ECB’s quantitative easing policy, which is being implemented through asset purchases.

Source: CNBC, April 6, 2017

a. Describe the effect of this quantitative easing on the economic growth in the Eurozone.

b. What is the “good” and the “harm” that Weidmann is concerned about?

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