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The Brussels Report Podcast

The Brussels Report Podcast Episode 7 - with rates trader Fabian Wintersberger

The Brussels Report Podcast

BrusselsReport.eu

News, Politics

0.00 Ratings

🗓️ 12 July 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

Fabian Wintersberger is an Austrian economist and rates trader, working in the financial sector. He also maintains a blog and twitter account where he comments the developments on financial markets, economics and politics. He is also the author of several comments on BrusselsReport.eu.

In this seventh episode of the Brussels Report Podcast, BrusselsReport.eu editor Pieter Cleppe discusses with him:

- The prospects for deflation and inflation

- The effect of higher interest rates on the cohesion of the Eurozone

- The “zombification” of the economy

- Comparing Japan’s economic development with that in the Eurozone and the U.S.

Transcript

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0:00.0

The Brussels Report Podcast

0:10.0

Welcome to the new episode of the Brussels Report podcast.

0:20.2

My name is Peter Klepper. I'm the editor-in-chief of

0:23.9

BrusselsReport.E.U. And I'm delighted that today we have as our guest, Fabian Wintersberger.

0:32.0

Fabian is an Austrian economist, a real Austrian economist from Austria. There's not so many in Austria, unfortunately, but he definitely is, I would say.

0:44.6

He's also a rates trader at an Austrian bank, has been educated at the University of Lins.

0:52.1

And most of all, I've invited Fabian because he's a frequent commentator,

0:57.3

economic commentator on Twitter,

0:59.4

closely following the ins and outs of the European Central Bank

1:04.7

and the Federal Reserve that I think as our listeners will all appreciate,

1:10.6

has a massive influence on government financing in

1:15.6

the Eurozone and therefore on overall politics and the room to manoeuvre and economic development.

1:23.6

So he's been writing for Brussels report as well on energy policy but also on inflation.

1:31.3

And that's exactly what we're going to discuss today.

1:35.3

So welcome, Fabian.

1:37.3

Well, thanks for having me.

1:39.3

Good, let's get on with it then.

1:42.3

First of all, big question.

1:46.6

Do you expect deflation or inflation?

1:51.1

In my opinion, we're going to see inflation because there is so much money going out into

1:57.5

the system and everybody is always referring to 2008 and to say, well, see,

2:05.2

back then we had no inflation.

...

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