Boom Bust Season 1 Episode 101 Euro Politics Behind Greek Bond Sale W/Yanis Varoufakis and Fed Policy w/ Tim Duy
- TV-PG
- April 15, 2014
Boom Bust season 1 episode 101 titled "Euro Politics Behind Greek Bond Sale W/Yanis Varoufakis and Fed Policy w/ Tim Duy" delves into the political and economic factors behind the Greek bond sale and Federal Reserve Policy. The episode features two experts, Yanis Varoufakis, former Greek finance minister, and Tim Duy, a professor of economics at the University of Oregon.
The first segment of the episode focuses on the Greek bond sale and the role that European politics played in it, particularly the power dynamics among Germany, France, and the International Monetary Fund. The guests argue that the sale is more symbolic in nature and that it is unlikely to solve Greece's long-term economic problems. Varoufakis notes that the European Union's handling of Greece's debt crisis has been more about politics than economics and that the region needs to agree on a common investment plan to get the Greek economy fully back on track.
The second segment of the episode explores the Federal Reserve Policy in the U.S. Duy examines the current state of the U.S. economy, specifically focusing on the impact of the Federal Reserve's monetary policies. The guests discuss the pros and cons of zero interest rate policies (ZIRP) and the challenges facing central banks in the current global economic climate. Duy also notes that the Fed's efforts to normalize interest rates could have a significant impact on the global economy.
Overall, Boom Bust season 1 episode 101 provides an insightful and informative analysis of complex economic and political issues. The guests offer nuanced perspectives on the Greek bond sale and Federal Reserve Policy, providing viewers with a better understanding of the challenges and opportunities facing the global economy.