Bill White gave an interview to Herman Hesse of Der Spiegel who referred to him in an article published (in German) on 8 September 2018.
HesseArticle2018Press
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.
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.
SchroersInterview8june2018Danielle DiMartino Booth Refers to My Being Awarded the 2016 NABE Adam Smith Prize
Dimartino Booth refers to the speech which I gave on that occassion ” Ultra-Easy Money: Digging the Hole Deeper?”
MauldinDimartinrefWWJohn Mauldin reference to Project Syndicate piece
John Mauldin refers favourably to my suggestion that perhaps easy monetary policy is creating disinflation, as debt headwinds reduce demand and zombie companies increase supply.
http://www.mauldineconomics.com/frontlinethoughts/data-dependent-on-imaginary-data
Start preparing for the next global crisis now
This article was published on the op-ed page of the Financial Times on 18 February 2018
https://www.ft.com/content/e1dc1286-0ccb-11e8-bacb-2958fde95e5e
Are We at Risk of a Global Straightjacket?
This article was published in the spring 2017 edition of “The International Economy”.
It is argued that global non-financial debt levels (public plus private)are now so high they constitute a kind of “debt trap” for monetary policy. Interest rates must be raised to prevent debt levels from rising further, but cannot be raised without triggering another crisis that we all wish to avoid. It is imperative to take measures to prevent a disorderly restructuring or repudiation of debts that can not be serviced at higher interest rates.
InternationalEconomyDebtTrapInterview with Ambrose Evans Pritchard in “The Daily Telegraph” (UK)
Interview with Jasper Vekeman in “Trends” a Flemish (Belgian) Magazine
The Dangerous Delusion of Price Stability
This article was published by Project Syndicate on 14 December 2017. Making near term price stability the objective of monetary policy is dangerous because of the unintended consequences of pursuing it, and it is delusional because it often (given supply side shocks) should not be pursued in the first place.




