Central bankers were warned about their failed policies

Alan Dunne of Top Traders Unplugged (TTU) interviewed William White on 21 October 2022. TTU is a long running podcast for investors, with more than 7 million downloads since inception. White spoke about what he perceived to be fundamental shortcomings in past monetary policy in the advanced market economies, and some of the attendant risks going forward. Recent events in the UK gilt edged market  underline the risk that future inflation control could be compromised by financial dominance or fiscal dominance or both. Anticipated negative supply side shocks will aggravate existing policy tensions.