Podcasts · Patrick Boyle On Finance
The Unanchored Central Banker: Manoj Pradhan on Inflation, Demographics, and Why AI Won't Save Us
· 51 min · S6 E19
Episode The Unanchored Central Banker: Manoj Pradhan on Inflation, Demographics, and Why AI Won't Save Us
Today, Manoj Pradhan of Talking Heads macro and Fundamenta capital returns to the show to discuss his new book, co-authored with Charles Goodhart, which serves as a highly anticipated sequel to their prescient work, The Great Demographic Reversal. If you thought the recent era of high interest rates and sticky inflation was just a temporary post-pandemic blip, Manoj is here to explain why the future will be nothing like the past. In this episode, we take a hard look at where mainstream economists are getting it wrong. Manoj argues that conventional macroeconomic models suffer from massive "blind spots" because they largely ignore the ever-growing impact of government debt and housing on real interest rates. We also discuss his fascinating premise that the Phillips curve isn’t dead—China had just put it in a coma. As China's own demographic challenges mount and household savings eventually fall, Manoj argues that the consensus belief that China will continue to export deflation to the rest of the world is fundamentally flawed.
The Unanchored Central Banker" by Manoj Pradhan and Charles Goodhart. https://amzn.to/4n7hklU
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC
Ways To Support The Channel:
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle
Links in the notes 5
- https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbnJJTkJmel9aa2tlSHY5dXUtQl95MHVXS0Vkd3xBQ3Jtc0tubWY1MTI1SWhxRURoVktrMVFZS2U5Y2puTGVDZ2QxY2ZJWF92UjQtYjgwSkJDNWUyTGdMVXFld1hlR2NhNjNxeko2UEY2QkpsTklRbHl2bEcwOTBmWXdyMlFMQlhtb0ZBcXVCT3g0TWtYNU9wZEY1SQ&q=https%3A%2F%2Famzn.to%2F4n7hklU&v=EuhdSV_WTVI
- https://amzn.to/3eerLA0
- https://amzn.to/3cjsyPF
- https://amzn.to/3fn3rvC
- https://www.patreon.com/PatrickBoyleOnFinance
Transcript
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.