QE For the People with Frances Coppola, Part I - Economics 101

This week, we have a guest on the show - economics and finance
writer Frances Coppola. She's the author of a book, "Quantiative
Easing for the People", which argues that central banks and
governments should work in concert to ensure that their response
to financial crises really helps the entire economy, rather than
just inflating asset prices.


 



In the first part of our wide-ranging discussion, we demystify
the economy and debunk some common misconceptions by asking some
basic questions: what's a central bank, and what is its role in
the economy? What is quantiative easing, and what was it intended
to do? It was a really fascinating discussion and it does amaze
me how much economics is almost taken for granted + not explained
as par for the course in our education when these ideas and
principles have the potential to affect our lives so much. I hope
you enjoy.