Notayesmanspodcast392

This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on:- Hi Shaun, this may be asking too much but do we have any idea what kind of losses the ECB is sitting on with regard to its various QE programmes? Shaun Just read a blog by Richard Murphy on Substack. Suggesting more quantitative easing. (Cobynomics?) so that UK can spend more. What do you think. Supposes govt will spend it on the right things. Does QE really work?. What the effect on inflation and is it a valid option Some questions for your pod, Shaun: should Japan, and the US, now just let the Yen find its natural level? What level might that be, and what consequences could be expected from it being allowed to settle where the market wants it to?