19 min
Swimming Naked with the Bank of England //// 10 Two Sense Podcast
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- Society & Culture
Taking a deep dive into England’s recent economic and political woes, Scott and Harry reflect on the historically large role of the Bank of England. Discussing such factors as keeping interest rates close to zero and printing money, Scott quotes Warren Buffett in observing that pension funds were the ones “swimming naked”. Analyzing the global situation from both historical and current trends, as well as the role of journalism and “telling the story accurately'', they both offer thoughtful and practical recommendations for swimming out of our current quagmire.
Taking a deep dive into England’s recent economic and political woes, Scott and Harry reflect on the historically large role of the Bank of England. Discussing such factors as keeping interest rates close to zero and printing money, Scott quotes Warren Buffett in observing that pension funds were the ones “swimming naked”. Analyzing the global situation from both historical and current trends, as well as the role of journalism and “telling the story accurately'', they both offer thoughtful and practical recommendations for swimming out of our current quagmire.
19 min