4min chapter

When the Facts Change cover image

What Adrian Orr just learned about the global economy

When the Facts Change

CHAPTER

Where Is the Inflation Challenge?

Euro is in a really tough position where they have a single minetary policy, but they don't have a joinet fiscal policy. The closer to that region of the world am, the harder the higher actual inflationis. Any any country that is trying to fix or manage ther exchange rate is really struggling at the moment. If you want to peg yourslf the uis dollar, you are having to intervene ind your own currency and set up capital controls. You leverage ratios on banks and loquidity in capital. So it's expensive and complex to have.

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