Do you know how money is created and gets into the economy? A common answer to this question is no. However, a thorough understanding of this process is vital for the conduct of monetary policy and overall economic developments. Being inspired by challenging conventional wisdom and examining novel ideas through reasoned arguments, Sascha Bützer is concerned with designing the right policies to invigorate growth, reduce unemployment, and achieve price stability. Driven by the desire to improve the lives of people, his research focuses on how central banks can influence the economy for the better.
With Master degrees from Simon Fraser University and the Barcelona Graduate School of Economics, Sascha is currently a Ph.D. candidate in Economics at the University of Munich. After starting his career at the European Central Bank, he has been working as an economist in the International Monetary Affairs Division at the Deutsche Bundesbank, primarily in an advisory role for the German executive director at the International Monetary Fund.
His talk will be formed by experiences in central banking and academia. By providing an insight into the money creation process in the modern economy and the spectrum of ideas on how to improve upon it, Sascha gives us a glimpse of what the future might look like.
The presentation represents the author's personal opinion and should not be reported as representing the views of the Deutsche Bundesbank or the Eurosystem.