Inflation Nowhere Near 2% Challenges Central Banks

The video discusses the challenges of economic growth, highlighting the impact of demographics and productivity on growth rates in Europe and Japan. It addresses inflation concerns, noting that deflation has historically not hindered economic growth. The discussion shifts to asset price inflation, emphasizing the role of central banks in maintaining low volatility and the potential risks of relying on them to underwrite economic issues.

How does the speaker suggest the central bank community has responded to economic conditions?

What concerns are raised about asset price inflation in the text?