If Central Banks Controlled Interest Rates Then Explain THIS

Nov 21, 2023

This podcast delves into the facade created by central banks in controlling interest rates and credit. It discusses the historical perspective on monetary changes and the shift towards central bank interest rate policies. It explores how central banks control the stock of reserves and the impact on interest rates. The role of interest rates in the economy and central banks' influence on the behavior of the real economy are also discussed. The podcast explores the complexity of central bank policies and their reliance on financial markets, highlighting the transmission problems and effectiveness of their influence.

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Introduction

00:00 • 2min

Transmission of Monetary Policy and its Impact on the Economy

02:18 • 5min

Central Banks' Control over Money and Reserves

07:18 • 3min

The Influence of Interest Rates and the Concept of Transmission

10:12 • 3min

Central Bank Policies and Financial Markets

13:17 • 6min