Interviews

Why policy makers should embrace complexity economics as their analytical framework

Bill White gave a radio interview on 17 May to Chris Sheridan for the California-based Financial Sense Newshour.  The Financial Sense Newshour is a free financial/market broadcast that features analysis of current market events and interviews with financial experts. While directed in large part to the implications for public policy of embracing the concept of the economy as a complex adaptive system,  the discussion ranged more broadly over issues pertinent to both monetary policy and financial regulation. One important issue raised was an evaluation of Modern Monetary Theory, its near term allure but its longer-term dangers.

https://static.financialsense.com/audio/2019-05/fsn2019-05-22-white-0533049305e50.mp3

 

Posted by williamw in Interviews, Press

Central banks are biased towards loose policy

This interview with Bill White was published in the Swiss paper, Finanz und Wirtschaft on 6 April, 2019. In it, Bill reflects on how the “debt trap” will impede monetary normalization, and how central banks got into this situation. He also discusses how other policies might be used to raise the possibility of getting out of this trap.

Central banks are biased towards loose policy https://www.fuw.ch/article/central-banks-are-biased-towards-loose-policy/

Posted by williamw in Interviews, Press

Video Interview with Grant Williams on “Real Vision”

Bill gave an interview to Real Vision, a subscription channel on the internet, which was put out on 18 August, 2018. The interview extends over 90 minutes and covers many of the economic and financial events shaping Bill’s long career. He concludes that the lessons that ought to have been learned from past crises have not been learned. As a result, the global economy not only faces severe risks looking forwards, but global authorities are also increasingly constrained in their capacity to respond. While seeing the full interview requires a subscription, some flavour is given by the following links.

https://rvtv.io/2o2Jge6

https://www.youtube.com/watch?v=PGzpYLPIYYM

Posted by williamw in Interviews

Interview with Mark Schorer in Börsen-Zeitung

In this interview, published in Börsen-Zeitung on 8 June 2018, Bill answers questions related to the Swiss referendum (the “Vollgeld” initiative) on whether a “narrow money”regime should be introduced in Switzerland. He agrees that the current fiat money system in place almost everywhere has serious deficiencies. Thinking carefully about how it might be improved or even replaced is a worthwhile endeavour. That said, replacing the current Swiss system with one so radically different, and at such short notice, coud result in unintended and undesired consequences. The interview in German, and the English translation, can be found below.

SchroersInterview8june2018

MarkSchroerAnswers

Posted by williamw in Interviews, Press

Global Economic and Financial Situation Worse Than 2007

William White was intervewed by Bloomberg on 13 September 2017 in Hong Kong. He gave his views about prospective global economic and financial development and the risks that continued to build up, not least debt.

Posted by williamw in Interviews, Press

Q & A: Bill White on global monetary policy in an era of post-crisis politics

At a meeting of the Beat Siegenthaler of the UBS Knowledge Network in Zurich on Jan 20, Bill discussed how even a relatively limited fiscal stimulus by the Trump administration might give the Fed cover to tighten monetary policy, which in turn could lead to more overt political pressure on the central bank.

6670612b-23d4-4aa6-8258-1bc4bf30ed3b.pdf

6670612b-23d4-4aa6-8258-1bc4bf30ed3b
Posted by williamw in Interviews