Or do whatever you do we have the tv here tonight you dont want your phone to be the one that rings on national television. I will be running around with a wireless microphone if you have a question please raise your hand and wait for me to get to you. That way it is picked up for the recording as well if you decide you like to have a copy of the book after the talk head back into the store to pick up a copy or two or three. Then come right back to sign them. Listing to a better planet. To take action on Climate Change and water shortages and air pollution. This is a practical solution to sustainability also environmental leaders from across the political spectrum professor of financial law at environmental studies from the former head Connecticut Department of protection and is highly qualified to have written this book. The book includes fresh thinking on topics free ranging from big data Environmental Justice to fracking and systems analysis public land so there is a lot in this boo
Prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying pacing of waiting is a group think they think that entrepreneurs Small Businesses big corporations they will be investing thinking its all about the private sector and theyll do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central bank by the safe assets the government bonds some of the Corporate Bonds that are held by Institutional Investors the Institutional Investors will then bible and slightly risky of bones from the real economy from medium sized and those firms will then use that money to invest in Capital Investment productive activity in reality where there isnt enough demand in the economy and what youve seen is those investors just buying other types of Financial Assets buying up really. State in Capital Cities around the world which is why people g
Financial assets buying up real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy our flats anymore just in london us and european cities as well increasingly this is the religious this great faith because the economists about that is the private sector so part of it i think is a lack of confidence in the potential of the state in the potential of government to actually do useful stuff to actually direct the economy in a way that is socially desirable you know what we need is a kind of Green New Deal approach for example where we look to create decent well paid jobs in the sectors where we actually really need new job say let me get a Little Energy because if the data shows i think you. Weve had since the thirtys all moods it has been. The state hasnt really the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do thi
Now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the money supply may not be the most important thing here it may be money allocation as someone from the Chinese Communist but anyway yes i think that is exactly the problem there isnt really a supply story problem theres a demand side problem the demand is coming from speculative speculative type demand so theres lots of demand from households to get mortgages to buy houses house prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying my wages group think they think that entrepreneurs Small Businesses big corporations they will be investing. Its all about the private sector a little do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central ban
Homewards it has been the state it hasnt be the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do this big expansion in infrastructure were going to spend this on r. And d. And the central bank finances support financing through its Monetary Policy has credit guidance policies that direct lending into those sectors most needed then you tend to have more successful outcomes not everywhere of course theres always exceptions theres always those involved ways and you will south american failed states but in countries with mature institutions and democracies thats not generally the case well they know they even lie about the Interest Rate in the city of london as we know for a reliable until say a german coal wouldnt government so thats nationalizing everything in green new deal. Policy doesnt look likely to change given what the e. C. B. Did you think it may be at the loose lo