Interviews

In this conversation on 25 July 2017 with Jesse Felder of The Felder Report, Bill discusses where his contrarian economic philosophy comes from, and how it leads him to worry a bit more than most about the undesired side effects of experimental monetary policy and its possible end games.

On the Undesired Side Effects of Experimental Monetary Policy

William White is chairman of Economic and Development Review Committee at the OECD. He says US$215 trillion in debt at the end of 2016, is “an unprecedented level”.

Interview by Nassim Khadem (Sydney Morning Herald) on 17 June 2017

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

Interview by Philippe Béguelin – Finanz und Wirtschaft on 30 December 2016

Publication:  Finanz und Wirtschaft Date:  30 December 2016

As early as 1996, White was critical of Alan Greenspan, who was head of the US Federal Reserve at the time, due to his ultra-loose monetary policy with which he had hoped to unleash the financial markets. He also warned of the coming crisis on the mortgage market long before Lehman went belly up.

But few were interested in what the economist had to say at a time when the apparently all-powerful financial industry was driving the economy around the world. Once Lehman collapsed, however, that industry threatened to implode and take the global economy along with it, not unlike an immune system that turns on its own body and destroys it.

Der Spiegel Date:  17 November 2016

The interview took place on 27 September 2016 with Cris Sheridan, Senior Editor, Financial Sense

Listen to the interview

The interview took place at the University of Leipzig on 21 June 2016 where Mr White was speaking at the International conference “Zero Interest Rate and Economic Order”

Date:  21 June 2016 Interview leipzig William White.pdf