Central Banks Hide Behind Negative Rates That Don’t Work, Peter Fisher

Central Banks Hide Behind Negative Rates That Don’t Work, Peter Fisher

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the historical and current economic issues, focusing on the Great Depression's causes and the ineffectiveness of negative interest rates. It highlights the global trade wars involving major economies and critiques the destructive nature of tariff wars and currency policies. The video calls for a reevaluation of central bank policies, emphasizing the need to address the economic slowdown caused by these measures.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical event is referenced as a cautionary example in the discussion of current economic policies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the author's perspective on the effectiveness of negative interest rates?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How do negative interest rates affect consumer behavior according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the author suggest should be done regarding current economic policies?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of 'beggar thy neighbor' policies as discussed in the text?

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