Ummm, yeah central planning, 5 years plans, we all know how great these works. No one can possess all knowledge that is permuted throughout society. That is why we need to abolish the FED and all other central banks and have the market decide the interest rates.
This is an interesting take on corporate organisation but was it really why central banks and regulators failed to see the 2008 crisis coming? Another view is that it was that national regulatory structures couldn't cope with globalised financial innovation, plus an ideological tendency to actually welcome that.
Sure! We must raise interest rate... How else will we be able to cope with the next financial crisis? A high interest rate is a cushion for a falling economy.
Ummm, yeah central planning, 5 years plans, we all know how great these works. No one can possess all knowledge that is permuted throughout society. That is why we need to abolish the FED and all other central banks and have the market decide the interest rates.
This is an interesting take on corporate organisation but was it really why central banks and regulators failed to see the 2008 crisis coming? Another view is that it was that national regulatory structures couldn't cope with globalised financial innovation, plus an ideological tendency to actually welcome that.
WE DO NOT SEE THE OBVIOUS BECAUSE
WE DON'T THINK GLOBALLY
Sure! We must raise interest rate...
How else will we be able to cope with the next financial crisis?
A high interest rate is a cushion for a falling economy.
great to know, people with phds can't connect the dots.
What did she say????? 18:49
"Try to see the world through someone else's eyes". I had to re-watch a couple of times 😂. Her voice is made cute tho.
Is Gillian an Austrian economic, I thought she was a Brit. Maybe a Brit abroad
this women must get paid well to write and say such lies
she's a very bright woman and elegant might I add.
I watched the entire video and I dont think we covered the topic of "its time to start raising interest rates"
so what the fuck?
21:30
What a pretty lady.
Unintentional ASMR
Agreed!
what an obvious apologist she is
It's all bollocks.
omg she sounds like a 5year old
+butterfflyess She's also probably 10x smarter than you.
+Olen Soifer said her own self? she probably has more connections than me, thats for sure
+Olen Soifer so smart... she did her phd just to come out and say that bankers are greedy, evil and grumpy and whatever. LOOLL
You clearly didn't actually watch the video. Why criticize it, if you haven't even watched it? Derp.
She has a lisp,and irrelevant,she has much knowledge,I don't agree with all she has said,but her eyes are open as best she can open them.