Economist Podcasts
The Intelligence: The power of positive tinkering
Mar 19, 2024
Noah Snyder, Tokyo Bureau Chief, discusses the Bank of Japan's shift from negative interest rates and the implications of ending unconventional monetary policies. Robert Guest, Deputy editor at The Economist, shares insights into Florida's political landscape as it moves sharply to the right, dissecting the chaos of suburban dynamics and voter enthusiasm. The conversation also dives into the intriguing relationship between divine authority and human sexuality, contrasting modern and historical views within Christianity.
25:45
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Quick takeaways
- Japan transitions from unconventional to positive monetary policy, signaling economic optimism.
- Florida's political landscape shifts rightward, impacting upcoming elections and reflecting changing voter sentiments.
Deep dives
Japan's Path to Normalizing Monetary Policy
Japan's central bank has made significant changes to its monetary policy, moving away from negative interest rates to positive rates. This shift follows years of experimenting with unconventional policies to combat deflation and promote economic growth. The recent rise in wages and inflation indicates a positive outlook for Japan's economy, signaling the end of a prolonged period of deflation.
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