Chairman UK Financial Services Authority, 2008 - 2013 - Lord Turner
Is Lord Turner's solution - printing money to stimulate growth - credible?
The Interview · BBC World Service
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Show Notes
Lord Turner, is a doyen of the UK economic establishment who has concluded that western economies remain dangerously reliant on debt. It might be reassuring if we could put the blame for the financial crash of 2008 on greedy bankers but what if the crisis was much deeper and more structural? Stephen Sackur asks Lord Turner if his solution; printing money to stimulate growth without adding to the debt pile, is credible?
(Photo: Lord Turner in the Hardtalk studio)