Why an inverted yield curve is disconcerting given such low interest rates. Why those low rates could lead to radical central bank policies during the next recession. Thanks to Policy Genius and Blinkist for sponsoring the episode.For show notes and more information on this episode click here.[0:23] Yield curve inversion has generally led to a recession.[3:00] Stock market behavior during a recession.[5:19] Why has the yield curve inverted?[7:04] Understanding who controls and defines the policy rate[14:42] Why can’t the economy support higher interest rates?[20:08] Fear of the lower bound.[22:15] Tools to keep inflation growing.[25:31] What we should be doing to protect against what the central banks don’t know.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related