01 / belief
My view has been that there is a liquidity trap, or there can be a liquidity trap.
“My view has been that there is a liquidity trap, or there can be a liquidity trap.”
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- Mark Carney
- Publisher
- Conversations with Tyler
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Published podcast speaker
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19 transcript-backed records
01 / belief
“My view has been that there is a liquidity trap, or there can be a liquidity trap.”
02 / belief
“I think the prime minister would absolutely agree we need these other reforms on the regulatory side and the way business operates in Italy, but at the same time, bridges need to be built.”
03 / belief
“I think the most likely route that this is — and I’ll come to an issue with it — is that there are two tiers to the central bank digital currency.”
04 / belief
“I learned that I exhausted my capacity and desire to do game theory. In the end, the models were game theoretic.”
05 / belief
“I think the last point I’d make, and hopefully this isn’t the case on this conversation, but if you lose your audience, you’ve lost them.”
06 / belief
“I think that has its downsides, but it reinforces “We’re all in this together” and therefore weighs against the populism possibilities.”
07 / belief
“Then the third thing — and there’s different views on this; I think the numbers are pretty clear — is from 2016 to 2020, from the Brexit referendum until Brexit, a period of pretty intense uncertainty and basically a flatlining of investment over that period.”
08 / belief
“The most surprising thing that came to me as I was writing, but this was also in real time in the world, was this point about moving from a tradeoff approach on a big issue — the flattening of values, is what I talk about, to a hierarchy — just how powerful that can be in terms of market dynamics and investment. Something I believe, but I didn’t think I would necessarily see.”
09 / belief
“I think the track record does indicate an NBA championship, and getting close last time is so far so good.”
10 / belief
“Absolutely. I think you put it well. Three things. One is, there’s a problem with state capacity in advance.”
11 / belief
“I think the logic of the governing party in Scotland is that they would likely — they’re a little hedged on this, but part of the purpose of leaving — there are other motivations, but a part of the economic purpose would be to be part of the European Union.”
12 / belief
“I think the innovation that was done on the monetary policy side helped ensure that the Fed — it didn’t quite get to its dual mandate, but it got pretty close.”
13 / belief
“I think if you take these roles, you have to be able to take every decision no matter how small or how large.”
14 / belief
“We worked closely with, funnily enough — well, not funny, but Canada and Ireland are in the same constituency in the IMF, and we worked closely with them during the crisis, including with determining how and when to support their financial institutions. And how that support ranked in terms of the overall — it sounds like an esoteric point, but it’s an important point in terms of the overall debts of the country — that, in other words, that support was junior as opposed to pari passu and, I think that contributed to their recovery.”
15 / belief
“I learned — and I see this more clearly now — I learned just how long the tail of damage, how that passes through generations.”
16 / belief
“I think Gordon Brown, who I had occasion to see on a number of occasions through the G7, G20 when I was a deputy governor, in terms of policymakers.”
17 / belief
“I’ve long been saying that crypto exchanges should be regulated as other exchanges are and should be subject to the same quality standards and Know Your Customer standards and others. I think the best crypto exchanges absolutely agree with that.”
18 / belief
“I think that would be the biggest one. It took me a while to build up that value, full disclosure, but it’s incredibly important.”
19 / belief
“I think part of it is admitting when things go wrong or when you’ve learned new information and you’ve changed your view, which is difficult to do.”