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Podcast: Inflection Point
Episode: Trouble Brewing with Sovereign Debt | Weekly Round Up
Description: Michael and Mark take a break today for the Thanksgiving holiday, and welcome Jack Farley from Forward Guidance onto the podcast for a special cross-over episode. This episode from Forward Guidance is with William White, senior fellow at the C.D. Howe Institute, and Joseph Wang, former senior trader for the New York Federal Reserve.They discuss why economic forecasts are so often wrong, how the world can escape the βdebt trap,β and how central bankers face a trade-off between price stability (low inflation) and financial stability.William Whiteβs work can be fou...