TEDxGothenburg: Money talks – but where does it come from? (Sascha Buetzer ’11)
Barcelona GSE Macroeconomics and Financial Markets alum Sascha Buetzer ’11 is currently a PhD candidate in Economics at the University of Munich. After starting his career at the European Central Bank, he has been working as an economist in the International Monetary Affairs Division at the Deutsche Bundesbank, primarily in an advisory role for the German executive director at the International Monetary Fund.
In this post, Sascha shares his experience of giving a talk at TEDx Gothenburg in November 2016. The video is included below.
Last November I was given the unique opportunity to present my ideas to an audience that usually doesn’t get to hear much about the inner workings of the financial system and central banking. At the TEDx Conference “Spectrum” in Gothenburg, Sweden, I was one of 10 speakers who were given not more than 20 minutes to convey an “idea worth spreading.”
My talk centered around how money is created in a modern economy and what can be done to improve upon this process, in particular in the context of the euro crisis. Quite a challenge, as it turned out, given the short amount of time and the need to keep things understandable and entertaining since most of the audience did not have an economic background.
It was, however, an extremely exciting and rewarding experience.
After getting in touch with the organizers through a chance encounter at the Annual Meeting of the Asian Development Bank (ADB) last year, all speakers got an individually assigned coach who provided excellent feedback and recommendations for the talk.
The day of the conference itself was thoroughly enjoyable (at least after the initial rush of adrenaline had subsided). It was fascinating to interact with people from widely varying backgrounds that all shared a natural curiosity and desire to learn from each other. And at the end of the day it felt great for having been able to contribute to this, by providing people with insight into a topic so important, yet so little-known.
Watch the talk here: