Special Edition: De-Dollarisation and the New Monetary Order
Multipolarity
The Stop-Go Cycle
Britain's economy became known as the stop-go cycle. It was a very Keynesian run economy, very state-led. At certain point imports outstripped exports and they'd have to jack up interest rates - usually creating a recession. So an awful lot of the time, if you're running these imbalances, it's showing a structural weakness in your economy. We maybe can discuss that later, to help other countries kind of pull themselves up.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
