An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
In this show we look at the technocrats at the Bank for International Settlements, how they came to hold so much power, and what...
Following on from our show on Deposit Bail-In, we discuss the Deposit Insurance arrangements in Australian and New Zealand. What happens in a “gone”...
We discuss the underlying drivers of house prices, and reflect on what might be causing the bubble and what policy responses would be appropriate....