“The central banks would have to become uncomfortable and continue to raise interest rates consistently”

Denver, Dusseldorf Markus Brunnermeier belongs to the category of pragmatic and research-oriented economists with international standing. He is considered one of the most recognized academics in the field of financial crises. During the pandemic, the economics professor from Princeton launched the Markus Academy online event series, where he brought together the who’s who of the international economic and central banker world.

Among others, he discussed the current situation with Paul Krugman, Larry Summers, Robert Shiller and Joseph Stiglitz. Jerome Powell, head of the US Federal Reserve, was also a guest and revealed that he likes to be inspired by the discussions. There is a lot to talk about at the moment. Because 15 years after the financial crisis, the economy once again experienced a veritable bank earthquake.