Season 1 · Episode 3
Interest rates - do they really control inflation?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
November 1, 201620m 28s
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Show Notes
Reserve banks spend a lot of time discussing the interplay between inflation and interest rates. In this third episode of the Debunking Economics podcast we look at how the two are inter-related and whether the bond is as tight as Central Banks seem to believe. How does it relate to the interest rate your own bank charges for a mortgage? And why, when interest rates are so low, are we not seeing the expected level of inflation growth?
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