"By and large, there is a chance that we will manage to get out of this hyperinflationary phase without it becoming entrenched," Wieland said. The European Central Bank's absolute priority, he said, must be to stabilize inflation at 2 percent on a sustainable basis. But fiscal policy also plays an important role, he said. "It is extremely important that EU fiscal policy returns to the rules and does not relax the rules." He said this was also in Germany's interest.
Podcast "Wirtschaftliche Freiheit": "Wirtschaftspolitischer Paradigmenwechsel"