What is the European Central Bank? Why is the ECB preserving zombie-businesses through its low-interest-rate policy? Why is the EU bolstering the hegemony of large financial institutions, with tax-payers money? The ECB is a large casino for the Europe-affine bourgeoisie?
A superficial understanding of the ECB can be dangerous and lead to fanciful questions. In order to help people better understand one of the EU’s most important institutions, we have produced a video giving you a basic understanding of the organisation which controls monetary policy within the EU.