IIMR July 2025 - Money growth trends in Summer 2025
Автор: Institute of International Monetary Research
Загружено: 2025-07-28
Просмотров: 355
Описание: In this video, Professor Tim Congdon discusses money trends in the world's leading advanced economies - the USA, Eurozone Japan and the UK. The message as far as the USA, UK and Eurozone are concerned is that broad money growth has returned to the low and stable levels seen prior to the coronavirus pandemic of 2020, when broad money growth spiked, leading to a period of high inflation in 2022-3. He warns that in the US, inflation may be more persistent than the Fed currently anticipates. Additionally, In both the USA and the UK, there are concerns about public sector deficits and the UK may well face a major financial crisis in the next few years. Japan is in a somewhat different position. Here, the quantity of money is actually falling, which will be negative for the global outlook. Overall, however, the prospect for the world economy is satisfactory, with no real reason to be concerned about a recession
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