The Joe Walker Podcast

The Rise And Fall Of Monetary Policy - Ian Macfarlane

Oct 4, 2020
Ask episode
Chapters
Transcript
Episode notes
1
Introduction
00:00 • 2min
2
The Importance of Ad Reads
01:37 • 3min
3
The Power of Slow Acting Forces
04:43 • 2min
4
The Importance of Inflation
07:04 • 2min
5
Milton Friedman's Famous Phrase: Inflation Is Always and Everywhere a Monetary Phenomenon
08:43 • 2min
6
The Importance of Monetary Policy in Inflation
10:33 • 3min
7
The History of Inflation
13:21 • 5min
8
The Relationship Between Wage Increases and Inflation
18:03 • 3min
9
The History of Inflation in the Second World War
20:56 • 2min
10
The Influence of Globalization on Inflation
23:16 • 4min
11
The Importance of Easy Monetary Policy
27:20 • 3min
12
Central Banks Reluctant to Let Monetary Policy Go
30:15 • 2min
13
The Bias Towards Action
32:18 • 2min
14
The Jury's Out on Cutting Interest Rates
33:55 • 5min
15
The Importance of Budget Deficits
38:43 • 3min
16
Modern Monetary Theory
42:08 • 3min
17
Modern Monetary Theory
44:44 • 2min
18
Modern Monetary Theory: A Marketing Plot
46:25 • 2min
19
The Importance of Keeping Spending
48:19 • 4min
20
The Implications of the Central Bank Reserves
52:36 • 3min
21
The Differences Between MMT and the Government's Approach to Finance
55:53 • 3min
22
The Advantages and Disadvantages of a Funded Deficit
58:34 • 4min
23
The History of Financial Disintermediation
01:02:12 • 4min
24
The Importance of MMTs
01:06:27 • 2min
25
The Rise and Fall of COVID
01:08:26 • 2min
26
The Anti-Growth Economy
01:10:56 • 2min
27
The Context of Secular Stagnation
01:12:44 • 4min
28
The Evolution of Inequality
01:16:28 • 3min
29
Indettered Demand: A New Perspective on the Economy
01:19:24 • 2min
30
The Importance of Financial Liberalization in the Economy
01:21:34 • 4min
31
The Disadvantages of Consumption
01:25:11 • 4min
32
The Importance of Inequality in the Global Economy
01:29:39 • 2min
33
The Future of Wealth Redistribution
01:31:37 • 3min
34
The Optimist or Pessimist Economy?
01:34:40 • 3min
35
The Importance of Non-Standarity in Economics
01:37:21 • 2min
36
The Good Parts of the Economic Methodology
01:39:22 • 3min