VIDEO: Professor Steve Keen on housing bubbles

Professor Steve Keen explains how private debt has fuelled dangerous housing bubbles

In the second in our series of exclusive interviews with Professor Steve Keen, author of Debunking Economics, he explains how private debt has fuelled housing bubbles and the danger of allowing speculation to drive our economy.

Keen also explains why quantitative easing (QE) won’t solve Europe’s economic woes.

Rather than printing money and giving it to financial institutions who then drive up asset prices he argues for a radical new departure; QE for the people. This could help reduce the level of private debt.

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About Author

Christopher Menon

Every Investor Editor Chris Menon is a financial journalist who has written regularly for national newspapers, magazines and websites about personal finance, with particular emphasis on investing.