Boom Bust Season 2 Episode 44 Keen On the Need for Writedowns and Denninger On the Fed's Easy Money

Boom Bust is a business news program that provides expert analysis on the stock market, global economy and financial trends. In season 2, episode 44 titled 'Keen on the Need for Writedowns and Denninger on the Fed's Easy Money', hosts Christy Ai and Brent Jabbour are joined by guests Steve Keen and Karl Denninger to discuss the need for debt writedowns and the Federal Reserve's monetary policy.

The first guest, Steve Keen, is a renowned economist and author who is known for his work on the debt crisis. Keen explains that in order to avoid a catastrophic economic collapse, countries should consider implementing a debt jubilee, which would involve cancelling a significant portion of public and private debt. According to Keen, the current global debt crisis is unsustainable, and unless something is done to reduce the amount of debt, it will continue to grow until it inevitably crashes the economy. Keen also discusses the impact of COVID-19 on the economy, and why it is not appropriate to treat the current crisis as a typical recession.

The second guest, Karl Denninger, is a financial expert and entrepreneur who is known for his insights on monetary policy and market trends. Denninger discusses the Federal Reserve's current monetary policy, which he believes is unsustainable and will eventually lead to inflation. He argues that the Federal Reserve's use of easy money policies, such as low interest rates and quantitative easing, is creating a bubble in the stock market and other asset classes. Denninger also discusses the challenges facing small businesses during the pandemic, and why he believes the government's stimulus measures are not enough to save them.

Throughout the episode, the hosts and guests engage in a lively discussion about the state of the global economy and the challenges facing businesses and individuals today. They offer a range of perspectives and insights, backed up by data and analysis, on topics such as debt, inflation, monetary policy, and more. With their deep understanding of the markets and the economy, the guests provide valuable insights that can help viewers make informed decisions about their own financial futures.

Overall, Boom Bust season 2 episode 44 is a thought-provoking and informative program that provides viewers with a deeper understanding of the challenges facing the global economy. With its expert guests, engaging hosts, and insightful analysis, this episode is a must-watch for anyone interested in the stock market, business news, and financial trends.