2min chapter

The Joe Walker Podcast cover image

The Rise And Fall Of Monetary Policy - Ian Macfarlane

The Joe Walker Podcast

CHAPTER

The Bias Towards Action

I've been disappointed with the recent cuts in interest rates, really all of them since about 2015. But then I don't think there's any way my successes could have stood there and said to the world, we're not going to do that. So in a sense, you're forced to move with the majority, particularly with the US. You know what reminds me of slightly is the sometimes people can very rarely. In the COVID pandemic, the Swedes have actually stuck to a different line and under intense pressure. No, no one's a collective action problem. It'd be very hard to take a contrary position. It would be very, very hard.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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