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[Hat tip to the website Critical Thinking for this.]

Published on Feb 17, 2015

12/02/2015, Russian Academy of Sciences, Blue Room
Round table “Anti-crisis fiscal policy of the state in the interests of economic development of Russia”.

The main report “To a new understanding of the function of the banking sector: the mechanism of productive credit creation and quantitative easing” was delivered by Professor Richard Werner, a leading international expert on central banks, the author of the idea of ​​”quantitative easing.”
Moderator of the event – Vladimir Yakunin, President of Russian Railways.

Смотреть видео на русском языке: http://www.youtube.com/watch?v=_9rxVU…