2022/02 ケルトン出演podcast予告 The Problem With Jon Stewartさんのツイート
| ||||||||||||||||||||||||
Kelton:
so i you know i
listen to the podcast
and i'm on twitter rowan's on twitter.
and there was quite a bit of chatter
about this you you guys pushed some
buttons but you didn't push the buttons.
that were pushed for me and i think for
rowan.
we were on the wrong buttons.
no no
no i think that a lot of uh the interest
in some of the commentary was
surrounding you know the impact
potential impact of the fed's
quantitative easing program on
inequality but i wanted to take up a
different part of the conversation and i
listened to the whole podcast.
and then i felt very sad and.
wow that's
that's our goal.
anytime you can listen to the whole
podcast and feel sad i've done my job.
misery loves company so i reached out to
rowan and i said i feel very sad and i
would like you to experience the sadness
with me would you listen to it
together.
i'm going to give you guys a
chance to unsadden yourselves by telling
me what what i was getting wrong there
and and where you thought the
conversation should have gone
what was it that that saddened you both
as you were listening to me talk about
uh fed policy with with thomas owning?
Kelton:
well i i don't think it was so much
listening to you it was the missed
opportunity of what you could have
potentially pulled out of him had he
given you i think you know more candid
answers frankly.
to the questions yeah
okay and so they felt like missed
opportunities but you were clearly on to
something and you were asking probing
questions and you're not a monkey.
you're
not a monkey john you had him you had
him yeah i had him on the ropes but he
didn't want to be as forthcoming as as
both of us think that he should and
could have been.
R:
yeah i mean i think the
starting point is that um we often think
of the fed as the sort of only
institution in the federal government
that has any monetary firepower right
it's the sort of printing press it's the
one that can do anything in a crisis but
the reality is and i think covert has
done a great job of demonstrating this
that it's the fiscal firepower it's the
budget side of things that really has
the power to um actually save you know
real people's incomes save industries to
invest.
and one of the big questions is
if we accept that we can do things with
the budget and we should be what is the
role of the fed and how do they relate
to each other and when it comes to
things like protecting financial markets
from having a liquidity crisis or
regulating financial institutions yeah
it makes sense the federal reserve might
be the place you look to.
but when you look at what the fed is
doing when we say sort of fed injected
trillions of dollars into the economy
one of the things that it's doing is
buying up assets.
so the first thing to
think about is there's always two assets
involved there's the sort of money that
goes in and there's whatever's coming
back out going to the fed so if somebody
said to me hey
you've got trillions of dollars but all
you can do is buy other dollars that's
going to be very useless to me if i'm
trying to protect homeowners or people
who've lost their incomes so then the
question i think we have to ask
ourselves when we look at what the fed
does with quantitative easing is what is
it buying up.
私はトーマス・ホーニッヒという紳士にインタビューしました。彼はおそらくKCFの議長で、経済に大量の資金を投入する政策であるFRBの量的緩和に反対票を入れていました。彼と私は、経済学の知識も経済学の言語も経済学の表現もない私が、なぜFRBがこのマネーキャノンをアメリカの企業にだけ持ってきて、そうさせないのかを理解しようと、活発に議論しました。国民にお金の大砲の味を、少しばかり味あわせてやるのです。私たちはお金を印刷することができます。私たちはお金を印刷して資産を買うことができます。って感じなんだけど、猿と話してるみたいで、いや、猿と話してるみたいで、どうやったらこの猿とコミュニケーション取れるのか、いやいや、どうしたらいいのか、いやいや、すごくわかるよ、混乱するよね。そしてステファニーとローワンはそのことについてネット上で長いチャット形式でコメントするほど素敵な人たちでした。
Kelton:
私はポッドキャストを聴いているし、ロワンのツイッターも見ているのですが、この件に関してかなり話題になりました。しかし、私は会話の別の部分を取り上げたいと思い、ポッドキャスト全体を聴きましたが、とても悲しい気持ちになりました。
それが私たちの目標です。
だから、ローワンに連絡して、私はとても悲しい気分だから、その悲しみを一緒に味わってほしいって言ったの。
そして、その会話はどこに向かうべきだと思ったのか。私がトーマス・オウニングと連邦政府の政策について話しているのを聞いていて、あなた方が悲しくなったのは何だったのか。
Kelton:
そうですね......あなたの話を聞くことよりも、彼から何を引き出せたかという機会を逸したことだと思います......率直に言って、彼がもっと率直な答えを出していれば......そうですね、それで、機会を逸したように感じました。でもあなたは明らかに何かをつかんでいて、鋭い質問をしていた。
R:
しかし、現実には、財政的な力、つまり予算面において、実際に人々の所得を救う力があり、投資する産業を救う力があるのだということを、私はカバーットが見事に証明してくれたと思います。流動性危機から金融市場を守るとか、金融機関を規制するとかいうことであれば、連邦準備制度に目を向けるのは理にかなっていると言えるでしょう。しかし、連邦準備制度が何をしているかを見てみると、連邦準備制度が経済に何兆ドルも注入しているのは、資産を買い上げていることです。だから、まず最初に考えるべきことは、常に2つの資産が関わっているということだ。
0 件のコメント:
コメントを投稿