Lord Mervyn King On The Wrong Use Of Monetary Policy In A Radically Uncertain World
In this episode, I talk with Lord Mervyn King. He needs no introduction, except to say he is one of the leading figures in central banking over the past few decades. He served for ten years as the Governor of the Bank of England, which included dealing with the 2008 financial crisis. We talk about: 1. Defining and understanding uncertainty 2. Why central banks have done too much during COVID 3. The importance of fiscal & other policies 4. His view on negative rates 5. Could inflation head higher?