Podcast
Carnell Knowledge
Hosted by Robert Carnell · EN
How do governments decide which of us and how many will die in the pandemic? Are central banks sowing the seeds of the next crisis and making us all poorer? This and other topical issues in economics dealt with in a rigorous, yet accessible and humorous way
10episodes
Episodes
Newest firstAll episodes
Stagflation - it's not likely, and that's a pity
Dec 14, 202000:16:03Tap to summarizeThere is still a lot of chatter about the pandemic leading to stagflation. In this episode, I argue that apart from a short-term and perhaps temporary rise in the price level, we aren't likely to see any sort of lasting "flation"... and if you are loaded up with debt, that might not be a good outcome.
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Forward guidance - ING Version
Dec 9, 202000:14:10Tap to summarizeWhen Central Banks tell us, it's all fine, we still have forward guidance, it's time to worry - it means they really have nothing left
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Negative Rates - ING version
Nov 27, 202000:20:12Tap to summarizeSome eminent economists think the answer to weak growth and low inflation, is substantially negative interest rates. With the application of a little common sense, and a minor tweak to textbook economics, such arguments can be easily trashed. Listen to this podcast for some easy to follow explanation of why the boffins have got it wrong, and why a return to modest positive rates may be just what the economy actually needs.
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Stagflation - ING version
Nov 25, 202000:16:03Tap to summarizeSome people predicted that this Pandemic would lead to stagflation. This podcast takes their arguments, shreds them, and then laments the fact that they were wrong, as a spot of stagflation wouldn't actually be such a bad outcome after all!
Transcribe →Negative rate nonsense
Sep 25, 202000:19:59Tap to summarizeIn these difficult times, are negative interest rates are a useful policy option for central banks, or alternatively dangerous nonsense? Well, clearly it's dangerous nonsense! Listen here to understand why.
Transcribe →Forward guidance - It's forward garbage!
Aug 10, 202000:13:05Tap to summarizeWhy we shouldn't listen to central bank guidance, and why a "strategy change" to allow inflation to "run a little hot" is just hot air
Transcribe →Episode 3 - part 2. Are Central Banks sowing the seeds of the next crisis?
Jul 22, 202000:19:10Tap to summarizeTo which the basic answer is, YES!
Transcribe →It's not me, it's you. You've changed
Jul 6, 202000:10:27Tap to summarizeEpisode 3 - Part 1: How some central relationships in economics have changed, and what that means for policymakers
Transcribe →Back to the 70s
Jun 22, 202000:15:10Tap to summarizeIn this episode, I set out why we are NOT going to return to an era of stagflation as we recover from the Covid-19 pandemic, and why in some ways, this is a pity
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Episode 1: For whom the bell tolls
Jun 19, 202000:10:00Tap to summarizeIn this episode, I'll be considering the sort of thinking underpinning the recent lock-downs across the world. Were they necessary, and what was really the goal? The alternative title of this episode would be: "How do politicians decide how many of us are going to die?"
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