Financialization of the Economy

Published on
August 13th, 2018
Duration
28 minutes


Financialization of the Economy

The Exchange ·
Featuring Grant Williams, Simon Mikhailovich, and Dan Oliver Jr.

Published on: August 13th, 2018 • Duration: 28 minutes

Does cheap capital and its misallocation lead to a financialization of the economy, in a process that is detrimental to consumers? In this second installment of their Exchange series, Grant Williams, Simon Mikhailovich and Dan Oliver tackle some increasingly thorny issues such as the inevitability of cycles and their distorting effect on capital and ask if the central banks are now the last stop in the march of excess credit. Filmed on May 8, 2018 in New York.