So that is pretty evenly split, actually. Theres certainly quite a lot of recognition that Central Banks need to think about new toolkits. We are going to go to some questions now, but if you want. O use the platform to submit i think larry gave an excellent description of what the core problem is that the developed world faces, that there is a glut of saving and a , and it of investment really means that we have to have fiscal policy, structural policy, and things other than. Ust relying on Central Banks i think Central Banks need to do what can come about they can. Adopting a system called flexible average inflation targeting, i think this is an appropriate change. Somewhat improve the scope of Monetary Policy to show that shortterm Interest Rates are often constrained by the effect of lower bound. I think it is helpful in preventing a cycle of falling inflation feeding falling inflation expectations, but i strongly believe Central Banks need to be independent and need to do everythi
In the Company Canteen or something but as you know im a big fan of yours and a huge fan of your first book on google, now to come back at this particular moment and talk about facebook, the inside story couldnt be more timely and am going to start off we have lots of places to go with this, im going to start off with something timely, as we came to do the show you heard about the hacking of twitter the fact that trump is going to facebook to get the message out, facebook has had a lot of criticism for a lot of things over the years and i actually wrote a column recently questioning why Mark Zuckerberg has not fact checked the president. Kalisher take on this, what is this relationship between facebook and the white house between facebook and free speech, im gonna throw your big question along to off. Thank you for doing this now and its good to connect with you again. Like a lot of things, you cannot tease that one problem of facebook from the sea dna in its origins in the case of tru
Tread the virus spread between people to the highest level. To the lowest level. Abigail very risk on. The bulls rushing back in. S p 500 up for a fifth day in a row. Longest winning streak of 2020. This is the first time we have had a fiveday string of gains. That tells you the degree and strength. Individual stocks having positive news. The nasdaq had a new alltime high. The stock, the chips index, same thing. Faang index driven by the likes of amazon and tesla. The fangs, those are the stayathome stocks. You were mentioning the virus data still being pretty bad. Realworld. Een the last couple of days, it has been a global rally with asian and european stocks. The new york faang adex really doing its best on yeartodate basis. Then it is the chinese tech stocks, the cqqs. Up 22 . S s p 500 and European Tech etfs up just about 6 . That has to do with those European Technology indexes. Nokia, somerickson, of these other companies. Tech, one of this years star winners right around the wo
Good evening everyone and welcome to the George Washington university. I am pleased to welcome you to tonights event presented in partnership with politics and prose bookstore and in the George Washington universities president distinguish event series, the third. We launch this last semester to give our students the opportunity here from renowned leaders, the individuals to bring illuminating dialogue insight and inspiration to our campus. In the heart of a nations capital, our universities fortunate to be surrounded by the many governmental nonprofit and International Agencies and organizations that make decisions that affect each of us every day. Our location here allows us to be part of those decisions. It allows our students access to the uniquely dc experiential learning opportunities. It allows our faculty to provide rigorous and high quality scholarship and research and informs policymaking and problemsolving. And it allows our a university o serve as a hub for timely discussio
Part o worship with politics and prose bookstore and the third in the George Washington University President ial distinguished events series. We launched the series last semester to give our students the opportunity to hear from renowned leaders of the individuals that bring illuminating dialogue, insight and inspiration to the campus. In the heart of the nations capital, the university is fortunate to be surrounded by the many governmental nonprofit and International Agencies and organizations that make the decisions that affect each of us every day. Our location here allows us to be part of those decisions. It allows our students access to the uniquely dc experiential learning opportunities and it allows our faculty to provide rigorous and highquality scholarship and problem solving and iproblemsolvingand it alloo serve as a hub for timely discussions that are important and relevant to all of us. Tonight, we are pleased to host former United States ambassador to the United Nations, n