What will all this inflation do to us?
Not so long ago the world was worried about deflation, supposedly driven by low-cost imports from China, but also a stagnating economy driven by high levels of private debt. Now central banks are tryi...
12 Apr 202331min
QE and the bond bubble
Silicon Valley Bank collapsed last month because there was a run on the bank and they didn’t have the assets to cover their customers deposits. They were trading insolvent, in other words, even though...
5 Apr 202337min
Chicago Plan – why it never went anywhere
After the Great Depression a bunch of economists got together to hatch a plan to stop future runs on banks. The plan called for banks to only accept demand deposits “subject to a 100% reserve requirem...
29 Mar 202333min
Who will win the money war between BRICS and the West?
If the west decouples itself from China and other autocratic regimes, just as we have done, to an extent with Russia, what does that mean for international trade? What does it mean for international i...
22 Mar 202337min
SVB collapse shows there’s no safety in government bonds
The collapse of Silicon Valley Bank last week can be put down to two things – first a management team that clearly ignored the falling value of the assets they held, and second the fact that the Fed w...
15 Mar 202335min
Australian House Prices. That old Chestnut.
At the end of this week’s mega-long episode of the Debunking Economics Podcast Steve Keen admits he longer sees Australian house prices as the most important issue on the planet. But it, along with pr...
8 Mar 202352min
Future Cities, Unequal Cities
This week on Debunking Economics Phil and Steve are joined by Richard McGahey, author of a new book “Unequal Cities: Overcoming anti-urban bias to reduce inequality in the United States”. One of the p...
1 Mar 202341min
Are central banks heading for a fall?
They are pushing up interest rates thew world over because monetary theory dictates that this is the way to bring down inflation. But not so long ago those same banks were arguing that inflation was o...
22 Feb 202337min
