AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
#10: William White on the Undesired Side Effects of Experimental Monetary Policy
Superinvestors and the Art of Worldly Wisdom
The Uncertainty of Monetary Policy
The IMF just came up with a revised forecast, and basically global growth I think is going to be about 3.5 percentage points for 2017. But China, Japan and China are stronger than earlier forecasts. This is the first time in nine years where the forecast as of the middle of the year is not significantly lower than it was when the forecast was made a year ago. So maybe this is just the beginnings of some sustained good news, it is possible. If you do get a sustained relatively rapid growth, and the debt level start, the debt ratio start going down, then I think all of those asset prices that you look at now could become pretty rich.
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