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In an interview with Bloomberg Television’s InsideTrack, David Blanchflower, the Bruce V. Rauner Professor of Economics, discusses the sovereign debt crisis in Europe, central bank monetary policy, and the global economy.

Blanchflower, a Bloomberg Television contributing editor, suggests, “Central bankers have to act. The best action is to step in and do more.”

Watch the interview, which was broadcast 6/15/12 on Bloomberg Television’s InsideTrack.