“From the U.S. Federal Reserve’s initial misjudgment that inflation would be ‘transitory’ to the current consensus that a probable U.S. recession will be ‘short and shallow,’ there has been a strong tendency to see economic challenges as both temporary and quickly reversible,” writes the economist Mohamed El-Erian. “But rather than one more turn of the econo ... Show More
Nov 18
Patti Smith on the One Desire That Lasts Forever
<p>Patti Smith, “the Godmother of Punk,” has lived a wild life and accumulated so much wisdom in the process. In the 1960s and ’70s, Smith was a fixture of the New York City creative scene — hanging out with the likes of Bob Dylan, Janis Joplin, Allen Ginsberg and Robert Mappleth ... Show More
1h 17m
Aug 2022
Money Talks: Fragile economies
From Sri Lanka to Pakistan, El Salvador to Ghana, Egypt to Tunisia, some emerging economies are feeling the pain of rising commodity prices, higher interest rates and a strong dollar. Is a wave of historic debt defaults coming for emerging markets?
On this week’s episode, hosts S ... Show More
33m 2s
May 2022
The Economist Asks: How will the war in Ukraine change the world economy?
This week the global elite gathered in Davos for the World Economic Forum against a backdrop of rising commodity prices, soaring inflation and conflict in Europe. Host Anne McElvoy assesses the economic fallout with Patrick Foulis, The Economist’s business affairs editor, and our ... Show More
38m 48s
Feb 2022
Money Talks: The next financial crisis
Over the past 15 years power and risk in financial markets have shifted radically. New investors have flooded in and, buoyed by pandemic stimulus, most have had an incredible ride. But as policymakers put the brakes on, global financial markets are starting to wobble. How might t ... Show More
39m 49s
Feb 2022
Money Talks: The next financial crisis
Over the past 15 years power and risk in financial markets have shifted radically. New investors have flooded in and, buoyed by pandemic stimulus, most have had an incredible ride. But as policymakers put the brakes on, global financial markets are starting to wobble. How might t ... Show More
39m 49s
Apr 2022
Money Talks: Breaking the bank? Part two
Thirty years ago, rich-world central banks started winning the fight against inflation. More recently, they have begun to fight new battles, including against climate change or inequality. As the old enemy of inflation returns, in this two-part series, host Soumaya Keynes asks if ... Show More
34m 44s
Sep 2023
Mohamed El-Erian on B-R-I-C-S (& J-E-T-S)
Dr. Mohamed El-Erian returns to the podcast to discuss the implications of the recent announcement of the expansion of BRICS, China's economy and possible spillover effects in the West, past forecasting of recession/stagflation, and the Fed's inflation target. We also discuss Moh ... Show More
44m 35s
Feb 2022
What Mohamed EL-ERIAN got SO wrong about the Economy [Eurodollar University, Ep. 193]
<p>Mohamed El-Erian appeared on Hidden Forces, a great podcast by Demitri Kofinas. But instead of challenging consensus narratives or thinking critically about the power shaping our world El-Erian obfuscated and misdirected Kofinas and the audience about economics, the Fed and hi ... Show More
54 m