Did Global Central Banks Just Admit Defeat?

Did Global Central Banks Just Admit Defeat?
A live run through some of the most important news over the past 48 hours that will be looked back on as significant changes in financial history. Central banks, commercial banks & governments are being challenged by from every direction by technology, ideology, methodology & much much more. The tools they had to stimulate the economy are no longer working & the truth is they may not have done as much as they thought they did all along! #Trending #Finance #Economics

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Timestamps:
0:00 What Happened!
3:00 Australian economy & housing documentary recap
5:30 Lowe (monetary) vs Frydenberg (fiscal)
7:00 Powell (monetary) vs Trump (fiscal)
10:30 History of markets holding governments & central bankers hostage
14:50 Australian Government budget, debt to GDP, net debt
17:35 Lessons from Japan’s multi-decade stagnating economy
21:10 Fed Chair Powell says Congress should pass a robust stimulus, warns of economic ‘downward spiral’
23:10 Australian dollar leaps as RBA glacier too slow to ease
25:00 RBA board ‘does not understand monetary policy’ says ex-RBA researcher
27:10 Ex-RBA Governor Ian Macfarlane’s revelations on central bank policy-making
32:05 Trump calls off aid talks, Biden says president ‘turned his back’ on Americans
33:15 Trump urges Congress to provide $25B bailout for U.S. airlines
34:45 Decentralised foreign exchange (DeFo)
35:25 Nugget’s News HQ in Decentraland
37:45 Summing it up

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❗ DISCLAIMER ❗

Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.

Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.

The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.

Видео Did Global Central Banks Just Admit Defeat? канала Nugget's News