20 July 2020 · 0 min read

The Last Gasps of the Central Bank Experiment

Only on few moments in history have the policies of central banks been as crucial as they are today. In this interview, former central bank insider and senior fellow at the C.D. Howe Institute, William White, tells Santiago Capital's Brent Johnson how we've got to this point.

Dr. White puts forward the nuanced view that he is glad policymakers have implemented certain tools to lessen the impact of the crisis while also driving home the point that at best we are kicking the can down the road. The pair also discuss central bankers' recent abdication to fiscal authorities, the political limitations of policy tools supporting foreign markets, and the fate of the global dollar system.

Filmed on Tuesday, May 12, 2020.