AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
S E50: A Conversation with Larry Summers: The Influence of Economic Ideas and the Dangers of Secular Stagnation
Think Like An Economist
The Supply and Demand Diagrams of the Market for Funds
There are two supply and demand diagrams that are essential for understanding secular stagnation. When there's less demand relative to the economies potential, there's a tendency to low inflation or even to declining inflation. So start with the market for funds that help to understand what happens with respect to the testrate. And then if you look at what’s happening to the quantity of investment in demand, then you look atwhat is happening to the inflation process.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode