Inventor of ‘Quantitative Easing’ Urges Adoption of Schacht’s Recipe To Save the Euro
Richard Werner, a German-born economist at the University of Southampton, called for a genuine Schachtian plan to save the euro, in an interview with the Aug. 16 Daily Telegraph. Werner is credited for having invented the term "quantitative easing" in 1994, in proposing a money-expansion policy to Japan.
