Negative monetary policy interest rates have become the new normal with severe impact on pension funds.
- What do the current rising inflation expectations and bond yields mean for pension funds and markets?
- What is the impact of the Modern Monetary Theory (MMT) on the adequacy and sustainability of pensions?
- Could the MMT finally lead to debt restructuring in the EU and what would be its consequence?
- How to safeguard decent adequacy and sustainability of pensions in this new environment and continuously changing world?
Introduction: Jaap van Dam, Principal Director Investment Strategy, PGGM