Jul 22, 2020
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 second part of our interview, we go into much more depth about the specific idea of quantiative easing for the people - essentially, what would happen if the central banks or government directly gave every individual in the country a few thousand pounds, rather than injecting this stimulus into the market indirectly by buying up assets. We also discuss specifically what the ideal response to the coronavirus crisis should be and the role that banks and governments have to play in our response.