Deutsche Bank President Admits Failure of the Monetary System

Sharing is Caring!

Deutsche Bank AG President Karl von Rohr discusses the challenge that low interest rates pose to Europe’s financial industry. “With inflation factored in, the result is a creeping erosion of our European customers’ assets, and this doesn’t in any way take into account the wealth destruction in the pension systems,” Rohr said on November 6th at the Future of Finance conference in Frankfurt.



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.