Evidence receipt / belief
Published · transcript-backedMark Carney: belief
26 May 2021 Conversations with Tyler Mark Carney on Central Banking and Shared Values
“I learned — and I see this more clearly now — I learned just how long the tail of damage, how that passes through generations.”
Source trail
Everything needed to verify it.
- Speaker
- Mark Carney
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 26 May 2021
- Publisher
- Conversations with Tyler
Transcript context
…Your father’s job, he worked on the affairs of native Canadians for some time. What did you learn from him or from that experience of what he did? I learned — and I see this more clearly now — I learned just how long the tail of damage, how that passes through generations. It’s not just the generation that is affected initially, but it can have a life, and how hard it is to break that cycle. It’s almost a bit like macroeconomic persistence of unemployment, but squared or cubed or all the more so.…
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