How Low Can Rates Go?
Analysis25 Heinä 2016

How Low Can Rates Go?

Martin Wolf, Chief Economic Commentator of the Financial Times, examines how policymakers are testing the norms of economic life as they seek solutions to slow growth. The payment of interest goes back to the Babylonians. Today, the business of banking is based on paying savers and charging borrowers for money. Negative interest rates, paying banks for holding our funds, violates this established norm. Yet, five central banks, which together oversee a quarter of the world's economy, have opted to impose negative rates on the commercial banks that must use their services. The aim of this unconventional policy is to convince people to spend and invest rather save. The results so far have been mixed. So might central banks be running out of options to boost economic growth, nearly ten years after the start of the last financial crisis? Martin Wolf talks with economists and central bankers, past and present, about why ideas once thought utterly shocking, such as "helicopter money" and a the abolition of cash, are being openly considered. How might such policies affect the way people spend and save in the future? And how low can interest rates go? Producer: Sandra Kanthal.

Jaksot(389)

Has economic crisis put net-zero plans on the backburner?

Has economic crisis put net-zero plans on the backburner?

The UK has pledged to reach net-zero by 2050. But has a pandemic, the fallout from the war in Ukraine and now an economic crisis derailed our plans to decarbonise? Or have they provided an inflexion p...

13 Helmi 202328min

Blaenau Ffestiniog and the Foundational Economy

Blaenau Ffestiniog and the Foundational Economy

In the search for stability and growth, policy and debate often focuses on looking for multi-million pound inward investment, or industries with big ideas such as technology and manufacturing. But the...

6 Helmi 202328min

Can we ever really tackle rising public spending?

Can we ever really tackle rising public spending?

Last week, the government unveiled around £30bn worth of cuts to public services as it attempts to plug a fiscal hole. Governments have attempted to rein in spending in the past and struggled to do so...

21 Marras 202228min

Why do we assume women care?

Why do we assume women care?

In spite of progress on men's involvement in childcare the statistics show that women are still doing far more caring of young children. That is extended throughout life to the caring of ill and elder...

14 Marras 202228min

Economic Growth - can we ever have enough?

Economic Growth - can we ever have enough?

As the twin storms of economic turmoil and worsening climate change grip the UK and many other countries around the world, Analysis examines the future of economic growth. Does it offer a route out of...

7 Marras 202228min

Is 'Political Blackness' gone for good?

Is 'Political Blackness' gone for good?

Over the decades, a string of umbrella terms and acronyms have been used in the UK to describe people who aren’t white. “Politically Black”, Black, Asian, and Minority Ethnic (BAME), ethnic minorities...

31 Loka 202227min

Can Effective Altruism really change the world?

Can Effective Altruism really change the world?

If you want to do good in the world, should you be a doctor, or an aid worker? Or should you make a billion or two any way you can, and give it to good causes? Billionaire Sam Bankman-Fried argues thi...

24 Loka 202228min

How Xi Jinping did it

How Xi Jinping did it

Just over a decade ago, President Xi Jinping was a virtual unknown. Few would say that now. In ten years, he’s reworked the Chinese Communist party, the military and the government so that he’s firmly...

17 Loka 202229min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rss-podme-livebox
rss-vaalirankkurit-podcast
rss-asiastudio
the-ulkopolitist
rss-kaikki-uusiksi
rss-tekkipodi
io-techin-tekniikkapodcast
rikosmyytit
rss-mina-ukkola
rss-fingo-podcast
rss-hyvaa-huomenta-bryssel
rss-merja-mahkan-rahat