BROADCASTS.com

b'Today Jack welcomes William White, senior fellow at the C.D. Howe Institute, and Joseph Wang, former senior trader for the New York Federal Reserve.\\n\\nThey discuss why economic forecasts are so often wrong, how the world can escape the \\u201cdebt trap,\\u201d and how central bankers face a trade-off between price stability (low inflation) and financial stability.\\nWilliam White\\u2019s work can be found here: https://williamwhite.ca/\\nJoseph Wang\\u2019s writings can be found here: https://fedguy.com/\\n--\\nFollow Jack Farley on Twitter https://rb.gy/uesguv\\nFollow Forward Guidance on Twitter https://rb.gy/cy0dki\\nFollow Blockworks on Twitter https://rb.gy/igyzsj\\n__\\nAcademic papers referenced:\\n"Where Has All the Liquidity Gone?" by Raghuram Rajan and Viral Acharya: https://rb.gy/n47fah\\n"Why Do We Think That Inflation Expectations Matter for Inflation? (And Should We?)" by Jeremy Rudd: https://rb.gy/4wjzx8\\n"Some Unpleasant Monetarist Arithmetic" by Thomas J. Sargent & Neil Wallace: https://rb.gy/53kikq\\nWilliam White\'s recent presentation on the future of policy modelling:\\nhttps://rb.gy/robwk2\\n--\\nJoin Kraken, Binance, Arrington Capital, and 2000 others in heading to Dubai this fall for Algorand\'s DECIPHER conference, happening November 28-30.\\xa0Tickets are available now -- use code DecipherFam22 for 25% off: https://www.decipherevent.com\\n--\\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:\\nhttps://rb.gy/5weeyw\\nMarket commentary, charts, degen trade ideas, governance updates, token performance, can\\u2019t-miss-tweets and more. Subscribe to the Blockworks Research \\u201cDaily Debrief\\u201d Newsletter:\\nhttps://rb.gy/feusos\\nFind out more about the Blockworks video editor role here: https://blockworks.co/careers/\\n--\\nTimestamps:\\n(00:00) Introduction\\n(01:09) Looking Back At 2022\\n(04:20) Quantitative Tightening (QT) is Causing Disruptions\\n(11:55) "The Central Bankers Have Made A Profound Ontological Error"\\n(23:17) Does Fed Chair Jay Powell Pay Attention To Economic Models?\\n(25:25) Algorand Ad\\n(27:09)\\xa0If Inflation Is Supply-Side Driven, What Should Central Bankers Do?\\n(40:43) The Debt Trap\\n(46:04) Powell Is Not Worried About a Recession - Is This A Mistake?\\n(54:39) Getting Out Of The Debt Trap\\n(58:36) The Fed Has Lost A Lot Of Money\\n(01:04:22) A Global Economic Slowdown is Here\\n(01:09:52) Crypto Contagion and the Fall of FTX\\n--\\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.'