The video is a lecture presentation that discusses the Funding for Lending scheme, an unconventional monetary policy tool introduced by the Bank of England in 2008 to stimulate the economy when interest rates had reached the lower bound...

This video provides an overview of the causes and impacts of the 2008 financial crisis, as well as the response by UK institutions and the government. The speaker explains how subprime mortgages in the US and their repurchase in opaque...

There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the “macroprudential” orientation of regulatory and supervisory...

People in America get really angry at the Federal Reserve and at the "money system" in general during economic crises. The Fed draws hostility because of its power, its insulation from democratic accountability, its lack of...

The world economy is just starting to recover from the most disastrous episode in the history of financial globalisation. Understanding what happened is essential. Anton Brender and Florence Pisani, both economists teaching at...

Hey internet, this is Jacob Clifford. Thank you for watching my videos. So, what's so weird about the US economy today? Well, interest rates are extremely low, banks have extra money that they are not loaning out, and the massive...

Will we do whatever it takes to fight climate change? Back in 2008, following the global financial crisis, governments across the world adopted a "whatever it takes" commitment to monetary recovery, issuing $250 billion worth of...

The video discusses quantitative easing, an unconventional form of monetary policy that was implemented by major developed economies like the US and UK following the financial crisis of 2007-2008. It explains how central banks were...

Since the revival of global capital markets in the 1960s, cross-border capital flows have increased by orders of magnitude, so much so that international asset positions now outstrip global economic output. Most cross-border...

Where do companies already in debt turn to for credit? Leveraged lending has seen a rapid rise since the financial crisis of 2008, hitting over $1tn in the US alone. But as lender protections weaken and more investors snap up these risky...

Banking crises come and go, but they become exceptionally complicated matters when the affected country is non-sovereign in the sense that it does not issue its own currency. This is essentially the problem faced by Ireland,...

George Santayana once wrote that those who could not remember the past were condemned to repeat it. And looking at today’s policy makers at work seeking to combat the huge challenge of unemployment in the aftermath of the...

TIME magazine assistant managing editor Rana Foroohar’s book Makers and Takers sounds an important note of warning on the dangers of financialization of the U.S. economy. She reveals that the financial system no longer funds new ideas...

​Walker Todd is an adjunct scholar at the Cato Institute's new Center for Monetary Financial Alternatives, and an Institute grantee. He is also an economic consultant with 20 years' experience at the Federal Reserve Bank of...