We discuss a new Bank of England paper. And it turns current central banking thinking on its head! https://www.bankofengland.co.uk/working-paper/2020/eight-centuries-of-global-real-interest-rates-r-g-and-the-suprasecular-decline-1311-2018
One of the factors I see in my household surveys is wealth transfer from one generation to another, stoked by the paper wealth created...
My latest Friday afternoon chat with Journalist Tarric Brooker goes deep into the economic substructure of the economy, where we see people pulling in...