Charles Goodhart: The State of the Global Economy - A Central Banker's Perspective

The video features an interview with Charles, a former member of the Bank of England's Monetary Policy Committee, discussing macroeconomic failures, China's financial system, and the role of central banks post-crisis. It covers the limitations of economic models, the impact of financial deregulation, and the effectiveness of quantitative easing. The discussion also touches on fiscal policy and the challenges faced by central banks in stabilizing economies.

What challenges does Charles identify regarding the liberalization of China's financial system?

What historical context does Charles provide regarding financial controls in the UK?

What does Charles suggest about the role of central banks in the current economic climate?

How does Charles view the effectiveness of quantitative easing over time?