{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Germany’s Schaeuble backs IMF over ‘ultra-loose’ monetary policy warning' data-url='/boclips/videos/6878f39f8802842c0ca29c94' data-video-url='/boclips/videos/6878f39f8802842c0ca29c94' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nGermany’s Schaeuble backs IMF over ‘ultra-loose’ monetary policy warning\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eGerman Finance Minister Wolfgang Schaeuble has backed the International Monetary Fund’s warnings about the risks to the banking system from “ultra-loose” monetary policy. At the start of the IMF and World Bank’s gatherings, he welcomed...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eGerman Finance Minister Wolfgang Schaeuble has backed the International Monetary Fund’s warnings about the risks to the banking system from “ultra-loose” monetary policy.\u003cbr/\u003e\u003cbr/\u003e At the start of the IMF and World Bank’s gatherings, he welcomed IMF Managing Director Christine Lagarde speaking out against very low interest rates and money printing to stimulate economic growth.\u003cbr/\u003e\u003cbr/\u003e “If the IMF itself is warning against the consequences of ultra-loose monetary policy, I think it’s a sign of hope that we will take more seriously what the Bank for International Settlements is saying again, again and again,” Schaeuble said.\u003cbr/\u003e\u003cbr/\u003e “That two things together – the global overhang of indebtedness, private, public and company, together with an ultra-loose monetary policy – maybe is one of the risks we will have to tackle even since we have drawn all the lessons of the financial crisis 10 years ago.”\u003cbr/\u003e\u003cbr/\u003e Deutsche Bank dismay\u003cbr/\u003e\u003cbr/\u003e He was less happy with Lagarde’s comments on Deutsche Bank’s troubles\u003cbr/\u003e\u003cbr/\u003e She said Germany’s largest lender – like many others – has to look at its business model and its long term profitability, as well as quickly reach an out-of-court settlement with US regulators over a potentially massive fine.\u003cbr/\u003e\u003cbr/\u003e “A bad settlement is always better than a good trial,” she told Bloomberg Television, adding that Deutsche was “not in a trial mode.”\u003cbr/\u003e\u003cbr/\u003e “A settlement would … deliver some certainty as to what weight the bank will have to carry and whether it matches with its provisions or not. So the sooner, the better,” she added.\u003cbr/\u003e\u003cbr/\u003e  Deutsche Bank has to look at its business model, IMF’s Christine Lagarde \u003ca href='https://t.co/EYmHTvbi73' target='_blank' rel='nofollow'\u003esays\u003c/a\u003e pic.twitter.com/9aZgVXO5HX— Bloomberg TV (@BloombergTV) October 6, 2016\u003cbr/\u003e\u003cbr/\u003e Schaeuble responded it was not the place of the IMF and other international institutions to supervise European banks. \u003cbr/\u003e\u003cbr/\u003e Capital backing\u003cbr/\u003e\u003cbr/\u003e German companies have rallied behind the lender, which plays a key role in financing their international operations and domestic needs.\u003cbr/\u003e\u003cbr/\u003e In a source-based report, newspaper Handelsblatt said several German companies discussed an emergency plan under which they would purchase Deutsche Bank stock, in the low single-digit billions of euros, to boost its reserves. The paper added that Berlin welcomed the private-sector intervention.\u003cbr/\u003e\u003cbr/\u003e And on Friday its shares finished the trading session up 0.5 percent after sources said Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if it decides to raise capital.\u003cbr/\u003e\u003cbr/\u003e  Qatar’s royal family is considering increasing its stake in Deutsche Bank to as much as 25%, sources \u003ca href='https://t.co/AfXXZqz0Zh' target='_blank' rel='nofollow'\u003esay\u003c/a\u003e pic.twitter.com/d26qxH4D1Y— Bloomberg (@business) October 7, 2016\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star-half-stroke text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-regular fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt class=\"educator-rating-title\"\u003eEducator Rating\u003c/dt\u003e\u003cdd\u003e\u003cdiv class=\"educator-rating-details\" data-path=\"/educator_ratings/rrp_data?resourceable_id=91035309\u0026amp;resourceable_type=Boclips%3A%3AVideoMetadata\"\u003e\u003cspan class=\"not-yet-rated\"\u003eNot yet Rated\u003c/span\u003e\u003c/div\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eMedia Length\u003c/dt\u003e\n\u003cdd\u003e1:13\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eGrade\u003c/dt\u003e\u003cdd title=\"Grade\"\u003e9th - Higher Ed\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSubjects\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?grade_ids%5B%5D=259\u0026amp;grade_ids%5B%5D=255\u0026amp;grade_ids%5B%5D=256\u0026amp;grade_ids%5B%5D=257\u0026amp;grade_ids%5B%5D=258\u0026amp;search_tab_id=1\u0026amp;subject_ids%5B%5D=358379\"\u003eSocial Studies \u0026amp; 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