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
Voices in the military will see committee at the bank of england saying its not working yet well theres voices everywhere and now even some of the top x. Central Central Bank Governor was raising questions about q. E. In his announcement talked about the need for governments to do more expanding fiscal policy and thats a view thats becoming increasingly prevalent i think amongst Monetary Policy makers governments arent yet getting the message that we still havent seen expansion in fiscal policy to create demand in the economy that i think is so you need the roots of the response problem to what we have right 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 fact that money supply may not be the most important thing here it may be moved. The allocation is still in for the Chinese Communist but the way it is yes i think that is exactly the problem there isnt r
A Scottish Court rules Boris Johnson misled the queen we ask what is Boris Johnson is that the public on the man who was his top advisor tells us johnson shot to britains responsibilities in the fight against Climate Change all the more coming up in todays going on to grab a 1st straight to why the European Union has been forced to announce it will start printing tens of billions of euros from the vendor joining me is Research Head of University College london the institute for innovation and public purpose thanks for coming on how bad are things above after 11 years after the bailouts of the financial crash the e. C. B. Has to do this thats previously pretty 2. 6 trillion between 20152018 yeah i mean we are now i think in sort of a japan type situation where you know its been over a decade since the financial crisis weve had these massive monetary stimulus in the u. K. In the us europe the e. C. B. In japan we still havent got anywhere near the levels of growth. That we had precrisis
Paying my wages 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 the safe assets the Government Back on the some of the Corporate Bonds that are held by Institutional Investors as there is Institutional Investors will then own 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 real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy bar flats anymore not just in london us and european cities as well increases. This is the religious this great faith bankers t
Good evening and welcome im abbott. Welcome to our program. Todays event is on the record and this is live streaming. We do welcome social media engagement. This is an independent non partisan platform. The host into. For this evening programs began youll hear flush talk from doctor former nation. His work focus on demystifying peoples behaviors and opinions in complexes societies and difficult complex situations. He has a ph. D. In policy studies. Following the flash top we begin our Panel Discussion and i will introduce our panel stat that time. Please join me in welcoming doctor pharma nation. I appreciate the chance to be here. Hello chicago. This is my first time. Here the title being Public Opinion after the iranian crisis. We are independent company focusing on opinion polling. Only on iran. Im from toronto canada. Welcome to the canadians from here. We are based in toronto. Thats one of our call centers in toronto. Scientific polling from iran have been completely reliable, and