Worried about Inflation? So is Fmr Central Banker Mervyn King
Podcast: Capitalisn'tPublished On: Thu May 06 2021
Description: Pres. Biden is pursuing some of the largest spending proposals in U.S. history, which should be sparking concerns about inflation and interest rates. But most prominent bankers and economists have told us not to worry. Fmr Central Banker Mervyn King says they shouldn't be so confident. On this episode, we speak with Lord King about his concerns of coming inflation, how he thinks central banks didn't learn the right lessons after 2008, and why he thinks the industry has become too reliant on models.
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