Episode 11: Negative Interest Rates - Boom or Bust?
With spiraling inflation plaguing the globe in 2022, the mere thought of introducing negative interest rates could hardly appear more detached from reality. However, during the previous decade, several Central Banks took to this supposed 'radical policy' in an attempt to stimulate inflation and long-run economic growth. The results are less than sound. Unprecedented asset-price inflation, depriving younger generations of housing, has been one of the many unintended consequences of this disastrous policy. Thank you for listening to the first season of Free Market Talk. We'll be back in September for Season 2!
July 22, 2022
Episode 10: Economics of Energy
Understanding the fundamentals behind the energy markets of both the UK and the US is crucial if policymakers are to grapple with the sudden spike in energy prices that has exacerbated the current cost of living crisis, crippling families in 2022. Founded in 1812, British Gas has long been at the forefront of the British energy market; reforms by both Labour's Clement Attlee and Conservative Margaret Thatcher have greatly influenced the current energy climate of today.
July 07, 2022
Episode 9: The Rapid Rise of Crypto and Bitcoin
Founded in 2009 amidst the depths of the Great Recession, Bitcoin provided an alternative asset and currency for those desperate for an escape from the tumbling fixed-income and equities markets. Since its inception, Bitcoin experienced exponential growth - paving the way for alternative cryptocurrencies to enter the market. However, the future of cryptocurrencies in 2022 remains precarious. A record fall from its all time high in $60,000 to levels below $20,000 in June 2022 makes Bitcoin's future uncertain. Will Bitcoin continue its growth remarkable growth in the coming decade?
June 26, 2022
Episode 8: Alternative Investments - A Decade of Growth
Since 2008, alternative asset classes have proliferated and as such have grown in investor portfolios globally. Following unprecedented expansionary monetary policy measures by Central Banks globally, alternative assets, uncorrelated with equity and fixed income, have outperformed these two traditional asset classes. However in 2022, the unsettled economic climate makes their future uncertain. Will alternatives continue their growth?
June 16, 2022
Episode 7: The Australian economy
The recent Australian election saw the departure of the Liberal-National Coalition, marking an election victory for the Labor Party for the first time since 2010. Aussie's have been unfortunate in recent years; following successful economic management amidst the Global Financial Crisis and Great Recession of 2008, growth has slowed dramatically. An over-dependence on energy has hurt the Land Down Under. Can Labor turn the economy around once more?
June 07, 2022
Episode 6: Is Gold good?
Gold has been a store of value for centuries since the early days of human civilisation. Hundreds of wars fought over this precious metal culminated in the creation of the gold standard in the 17th century, paving the way for the modern financial system that we see today.
May 27, 2022
Episode 5: Inflation - A Monetary Phenomenon
Households globally have begun to feel the squeeze on disposable incomes as spiralling inflation erodes savings and debt. Politicians and bureaucrats have blamed Putin for these inflationary pressures; truth be told, inflation had already been rapidly climbing before the February invasion of Ukraine.
May 21, 2022
Episode 4: Agonising Argentina
Argentina's transition from an agricultural and mining exporter in the days of the Spanish empire to a Western, service-based economy has been turbulent. Plagued with numerous debt crises, stifling FDI and development, the land of the Gaucho has struggled since the neoliberal world order that began in the 1980s.
May 14, 2022
Episode 3: Terrific Tax Havens
Tax havens have long posed a problem for policy makers. Political pressures to clamp down on their use and abuse by multinational corporations reached their peak in 2021, with the Biden administration pressuring world economies into adopting a minimum global corporate tax rate. This begs the question - do tax havens have a drain on the global economy? Or can they be a force for good?
May 08, 2022
Episode 2: Macron and the economy
The French Presidential election has brought to the forefront the economic legacy of Macron's first five years in office. Despite overseeing record low unemployment, economic growth outpacing the rest of Europe, Le Pen's message on the economy resonated with many blue-collar workers that felt left behind.
April 30, 2022
Episode 1: The Chinese Housing Market
Evergrande's debt crisis has drawn attention to the frailties of the Chinese Housing Market. Toxic debt and excessive leveraging have put foreign investors on edge, with the Chinese government's crackdown on leverage pushing many property companies like Evergrande on the brink of collapse.
April 03, 2022