· Joachim Nagel Wiki · Deutsche Bundesbank WikiProsperity for all – also in the future!
Read full speech on bis.org ↗ContextSpeech at the Economic Conference of the CDU Economic Council in Berlin; the Bundesbank is Germany's central bank within the euro system and links prosperity to stable prices.
Why it mattersNagel warns against weakening fiscal rules while fighting inflation.
Problems raised
- Inflation constrains investment.
- Germany's prosperity is at risk.
- Fiscal rules risk being weakened.
Solutions proposed
- Focus all efforts on fighting inflation.
- Keep fiscal rules strong.
- Support investment through stable prices.