Why central bankers want higher unemployment

What this episode covers

When your mate loses his job it's a downturn, when you lose your's, its a recession. And you know what, the world's central bankers will not juts be cheering you losing your job, they'll be causing it. Economic policy all over the world is now aimed and bringing about a recession to bring down inflation. What this means in plain English is job losses, leading to widespread unemployment. Tighten your belt. Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of The David McWilliams Podcast?

This episode is 42 minutes long.

When was this The David McWilliams Podcast episode published?

This episode was published on October 13, 2022.

What is this episode about?

When your mate loses his job it's a downturn, when you lose your's, its a recession. And you know what, the world's central bankers will not juts be cheering you losing your job, they'll be causing it. Economic policy all over the world is now aimed...

Can I download this The David McWilliams Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.