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16 Oct 2020 14:59:37 UTC
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[89] All About Market Monetarism with Scott Sumner and David Beckworth
Our lead story: Things aren't looking good for Citigroup. Last month CitiGroup said that they uncovered $400 million in bogus loans made to Mexican oil services company Oceanografia SA. These loans were made via Citi's Mexican subsidiary Banamex. Turns out Citigroup's capital plan also failed the annual stress test run by the Federal Reserve. Erin takes a look.
For our interviews today, Erin talks to Professors Scott Sumner and David Beckworth to get a market monetarist perspective on Fed policy, macroeconomics, and monetary policy. Watch to find out why they believe targeting nominal GDP is a more effective way for the Fed to run policy.
For today's Big Deal, Edward Harrison and Erin talk about China's credit crisis and discuss how a hard rain's gonna fall.
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...
https://www.youtube.com/watch?v=kWC1h8jNo8U
For our interviews today, Erin talks to Professors Scott Sumner and David Beckworth to get a market monetarist perspective on Fed policy, macroeconomics, and monetary policy. Watch to find out why they believe targeting nominal GDP is a more effective way for the Fed to run policy.
For today's Big Deal, Edward Harrison and Erin talk about China's credit crisis and discuss how a hard rain's gonna fall.
Check us out on Facebook:
http://www.facebook.com/BoomBustRT
https://www.facebook.com/harrison.writedowns
https://www.facebook.com/erinade2020
...
https://www.youtube.com/watch?v=kWC1h8jNo8U
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