If we get deflation, it could bring the current economic recovery to a halt, and hit share prices. Ed Bowsher explains what deflation is, the chances of it actually happening, and how it would affect you.
In this video, Ed Bowsher explains what the ‘taper’ is, and how it’s linked to the US quantitative easing programme.
It’s five years since the Bank of England began its money-printing programme. In the video, Ed Bowsher looks at whether it has been successful.
The Bank of England’s new governor, Mark Carney, thinks central banks should focus on ‘nominal gross domestic product’, or NGDP. Tim Bennett explains what NGDP is, and why Carney’s proposal has caused such a stir.
Gross domestic product, or GDP, aims to measure a country’s economic health. Tim Bennett explains how it works, and asks how useful it really is.
Tim Bennett explains in simple terms how a gold standard works, why the last one was abandoned, and whether we should return to one today.
The ‘long term refinancing operation’ – LTRO – is supposed to stop a massive European credit crunch. But what is it and how does it work? Indeed, will it work at all? Tim Bennett explains.
The US Federal Reserve has intervened to ‘rescue’ Europe’s debt-ridden economy. But what exactly has the Fed done – and will it work? Tim Bennett explains.
Tim Bennett explains how credit is created, what the ‘money multiplier’ is, and how fractional reserve banking works.
Tim Bennett explains how it’s possible for governments to get themselves into big financial trouble – and what the solutions are.