Mobius Says Central Banks Are Taking Wrong Approach to Policy

The video discusses the impact of the Federal Reserve and its monetary policy on the economy, highlighting a recent meeting between President Trump and Fed Chair Jay Powell. It questions the effectiveness of central banks' focus on achieving 2% inflation, given rising productivity and falling prices due to technological advancements. The video also warns of the dangers of pumping money into the economy, making it difficult to assess asset values.

Discuss the implications of negative interest rates on the economy.

What challenges do central banks face in assessing the value of assets in a low-interest-rate environment?