Isărescu: The economic debates are characterized by triviality; this has to stop

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Isărescu: The economic debates are characterized by triviality; this has to stop
TV economic debates create a great deal of confusions, and the triviality that characterizes them is extremely dangerous and has to stop, stated National Bank of Romania Governor Mugur Isărescu on Wednesday. "There are a great deal of confusions. Romanian society now more than ever needs professional debates and we have to make every effort to translate them into accessible language.

TV economic debates create a great deal of confusions, and thetriviality that characterizes them is extremely dangerous and hasto stop, stated National Bank of Romania Governor Mugur Isărescu onWednesday. „There are a great deal of confusions. Romanian societynow more than ever needs professional debates and we have to makeevery effort to translate them into accessible language.

The triviality of economic debates has to stop. It is extremelydangerous”, said Isărescu at a seminar organized at the NationalBank of Romania.
The statements of the National Bank of Romania Governor come afterhe watched a televised debate Tuesday evening where those presentexpressed indignation that the reserves of the National Bank ofRomania have grown. „Can you imagine the trouble, to actually havegrown our reserves”, said Isărescu.

The National Bank of Romania Governor explained that the foreigncurrency reserves provide financial stability, as well as exchangerate stability.
„This notion of stability seems like a given but it’s just likeyour health; you only realize how important it is when you don’thave it anymore”, said Isărescu.

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