Munk Members-Only Pod: Season 2, Episode 26

This program provides listeners with a focused, half-hour masterclass on the big issues, events and trends driving news and current events. The show features Janice Gross Stein, the founding director of the Munk School of Global Affairs and bestselling author, in conversation with Rudyard Griffiths, Chair and moderator of the Munk Debates. This week's Munk Members podcast explores a wild week in financial markets brought on by central banks around the world aggressively raising interest rates to fight surging inflation. Are witnessing more than just a regular market sell off? The last decade and a half saw the normalization of new monetary policy tools by central banks such as ultra low interest rates and fueled record levels of indebtedness on the part of governments, consumers and corporations. The recent surge in inflation and the response by central banks to rapidly raise interest rates looks set to upend this status quo ante with big consequences for the economy, growth and economic inequality. Janice and Rudyard discuss what could come next and the important lessons that policy makers should take away from the economic turmoil effecting everything from equity and bond markets to currencies, housing and crypto. To access the full-length episode, consider becoming a Munk Member. Membership is free. Simply log on to www.munkdebates.com/membership to register. Under your membership profile page, you will find a link to listen to the full-length editions of the Munk Members Podcast. If you like what the Munk Debates is all about, consider becoming a Supporting Member. For as little as $9.99 monthly, you receive unlimited access to our 10+ year library of great debates in HD video, a free Munk Debates book, monthly newsletter, ticketing privileges at our live and online events and a charitable tax receipt (for Canadian residents). To explore your Munk Membership options, visit www.munkdebates.com/membership. This podcast is a project of the Munk Debates, a Canadian charitable organization dedicated to fostering civil and substantive public dialogue. More information at www.munkdebates.com.Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up. Hosted on Acast. See acast.com/privacy for more information.