In its annual report, the European Central Bank clearly acknowledges that its ‘quantitative easing’ (QE) program has increased the richest citizens’ wealth. Yet the ECB claims that this is not its concern. Since the inception of QE in the Eurozone, it has been clear that such a program would not only have limited effects on […]
Clément Fontan and Stanislas Jourdan
Clément Fontan holds a PhD in Political Science from Sciences-Po Grenoble. His thesis dealt with how the ECB extended its political influence and attributions during the eurozone crisis. Now a post-doctoral researcher at the CNRS, his research focuses on inequalities generated by central banks and the crises of financial capitalism. Stanislas Jourdan is a writer and campaigner on economic justice issues. He organised the European Citizens’ Initiative on unconditional basic income and currently coordinates the campaign “Quantitative Easing for People” in the Eurozone.