NEW PARADIGM

Paul de Grauwe: ‘Banks sit on huge amounts of money that should normally go to tax payers and governments.’

Central banks dramatically changed their monetary policy, says economist Paul de Grauwe. They transferred huge amounts of money to banks, in parallel with raising interest rates. This creates problems on many levels and reduces the effectiveness of monetary policy. Watch the full interview from the recent Berlin Summit.

PUBLISHED

5. AUGUST 2025
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After decades of overly naive market belief, we urgently need new answers to the great challenges of our time. More so, we need a whole new paradigm to guide us. We collect everything about the people and the community who are dealing with the question of a new paradigm and who analyze the historical and present impact of paradigms and narratives – whether in new contributions, performances, books and events.

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