23 min listen
How Nearly Two Decades Of Fed Policy Contributed To Bubbles, Busts, And A Boom In Debt
FromOdd Lots
ratings:
Length:
32 minutes
Released:
Dec 9, 2019
Format:
Podcast episode
Description
Many people like to claim that the Federal Reserve is responsible for the high degree of leverage and speculation in the economy. But the mechanism via which this happens is often misunderstood. On this week's episode of Odd Lots, we speak with Srinivas Thiruvadanthai of the Jerome Levy Forecasting Center about how the Fed's goal of inflation targeting contributed to a massive buildup in private debt. As he explains, the approach to minimizing the volatility of inflation at a low level created a perfect environment for lenders, creating all kinds of other risks elsewhere in the economy.
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Released:
Dec 9, 2019
Format:
Podcast episode
Titles in the series (100)
24: Meet The Most Important Country Singer in Economics: 24: Meet The Most Important Country Singer in Economics by Odd Lots