Secretary Lew Tells Europe It’s Time to Ramp Up Money Printing

you like to see ░░░░░░░░ have been clear in ░░░░░░░░ conversations with our European ░░░░░░░░ that we think particularly ░░░░░░░░ surplus countries there is ░░░░░░░░ need to boost demand ░░░░░░░░ is a demand problem ░░░░░░░░ the world and in ░░░░░░░░ surplus countries you mean ░░░░░░░░ Germany look i have ░░░░░░░░ been careful not to ░░░░░░░░ the finger Germany is ░░░░░░░░ one of the surplus ░░░░░░░░ in Europe i think ░░░░░░░░ are if you look ░░░░░░░░ Europe as a whole ░░░░░░░░ growth rate stayed very ░░░░░░░░ the risk of deflation ░░░░░░░░ something that has a ░░░░░░░░ of people concerned the ░░░░░░░░ lie in policy decisions ░░░░░░░░ could be taken that ░░░░░░░░ actually the good news ░░░░░░░░ are solutions that could ░░░░░░░░ give us one you ░░░░░░░░ like to see in ░░░░░░░░ countries look the policies ░░░░░░░░ are talking about in ░░░░░░░░ United States things like ░░░░░░░░ infrastructure those are the ░░░░░░░░ of things that stimulate ░░░░░░░░ it s a good ░░░░░░░░ in Germany in their ░░░░░░░░ deposit they made a ░░░░░░░░ to increase spending on ░░░░░░░░ this is a question ░░░░░░░░ not if you take ░░░░░░░░ how you turn the ░░░░░░░░ we think the risk ░░░░░░░░ low demand and risk ░░░░░░░░ deflation is something they ░░░░░░░░ to be alert to ░░░░░░░░ take a little more ░░░░░░░░ less we have friendly ░░░░░░░░ i think we need ░░░░░░░░ look in the mirror ░░░░░░░░ have an agenda for ░░░░░░░░ would stimulate growth in ░░░░░░░░ United States i think ░░░░░░░░ s a good agenda ░░░░░░░░ like skills training you ░░░░░░░░ about infrom structure here ░░░░░░░░ want to get back ░░░░░░░░ the global thing while ░░░░░░░░ are bringing that up ░░░░░░░░ LA hood says he ░░░░░░░░ low prospect it will ░░░░░░░░ out of money in ░░░░░░░░ almost no chance of ░░░░░░░░ how do we tell ░░░░░░░░ rest of the world ░░░░░░░░ do x when we ░░░░░░░░ t do that ray ░░░░░░░░ hood i m more ░░░░░░░░ on infrastructure than that ░░░░░░░░ you go back we ░░░░░░░░ quite a lot in ░░░░░░░░ recovery act and that ░░░░░░░░ going to benefit not ░░░░░░░░ our macroeconomic condition but ░░░░░░░░ have better roads and ░░░░░░░░ around the country i ░░░░░░░░ worked in this business ░░░░░░░░ over 30 years i ░░░░░░░░ not believe the support ░░░░░░░░ infrastructure is a Republican ░░░░░░░░ democratic issue i think ░░░░░░░░ is almost universal support ░░░░░░░░ having better roads better ░░░░░░░░ the challenge is how ░░░░░░░░ come toke to an ░░░░░░░░ where you put a ░░░░░░░░ together and a way ░░░░░░░░ finance it.