Jens Weidmann: The role of the central bank in a modern economy - a European perspective
By Bank for International Settlements (BIS)
In this 2019 address at the University of South Africa, Jens Weidmann, then-President of the Deutsche Bundesbank, provides a robust defense of central bank independence from a European perspective. Weidmann uses the metaphor of "superpowers"—referencing the film Black Panther—to caution against the growing expectation that central banks can solve all economic and social woes.
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