Financial Crisis & Political Instability, Prof. Gunther Schnabl ~ Hayek Summer Workshop
World Crypto Network
Schnabl connects asymmetric monetary policy to political extremism, arguing near-zero rates create seven redistribution mechanisms (financial repression, wealth concentration, wage suppression) that mirror communist planning-economy soft-budget constraints, generate zombie banks and enterprises, concentrate economic power (Tokyo vs. periphery), and correlate with rising extremist voting across EU

https://relay.towardsliberty.com/682689d54abf4b619efd7300249680a0c13288754b7a05f5e4fbd7f288500b03.mp4