welcome back to the kaiser report thanks very much like all right sunday at the big news mark carney bank of canada now he's joining going to be there on the bank of england your thoughts i haven't really given much thought to a new governor of the bank of england and he's being quite invasive in what he's going to be attentive to be doing. but he seems to be the currency debasement kind of philosophy before we get into currency debates but let's kind of put this. into a broader context because these days people need to have a signal in terms of what school they're from and in the case of yourself to your broadly speaking austrian economist through and mark carney i think we it's hard to put him into a school but he's definitely from a neo liberal chicago school milton friedman type of economist who believes in the the sanctity of economics as a hard science and let me ask you to study uses the term for example of the u.k. economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for

sandeep welcome back to the kaiser report thanks very much max all right sunday the big news mark carney bank of canada now he's running going to be there on the bank of england your thoughts i haven't really given much thought to a new governor of the bank of england he's being quite invasive in what he's going to be attempting to be doing. but he seems to be the currency debasement kind of philosophy before we get into currency debates but let's kind of put this into a broader context because these days people need to have a signal in terms of what school they're from and in the case of yourself to your broadly speaking austrian economist true and mark carney i think we it's hard to put him into let's say a school but he's actually from a neo liberal chicago school milton friedman type of economist who believes in the the sanctity of economics as a hard science and let me ask you to study uses the term for example of the u.k. economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorithm for

welcome back to the kaiser report thanks very much like all right sunday at the big news mark carney bank of canada now he's running going to be the running the bank of england your thoughts i haven't really given much thought to a new governor of the bank of england he's being quite invasive in what he's going to be attempting to be doing. but he seems to be the currency debasement kind of philosophy before we get into currency to base but let's kind of put this in. a broader context because these days people need to have a signal in terms of what school they're from and in the case of yourself to your broadly speaking austrian economist through and mark carney i think we it's hard to put him into let's say a school but he's definitely from a neo liberal chicago school milton friedman type of economist who believes in the the sanctity of economics as a hard science and let me ask you the studies is a term for example of the u.k. economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an algorit

sandeep jaitley of the cancer research dot com sandeep welcome back to the kaiser report thanks very much max all right sunday at the big news in town mark carney he was at bank of canada now he's running going to be the running the bank of england your thoughts i haven't really given much thought to a new governor of the bank of england he's being quite very suv in what he's going to be attempting to be doing. but he seems to be the currency debasement kind of philosophy ok before we get into the current database but let's kind of put this into a broader context because these days people need at. a signal in terms of what school they're from and in the case of yourself to your broadly speaking austrian economist through and mark carney i think we it's hard to put him into let's say a school but he's awfully from a neo liberal chicago school milton friedman type of. economist who believes in the the sanctity of economics is a hard science and let me ask you the study uses the term for example of the u.k. economy needs to. achieve escape velocity and i think i know what he means by that but escape velocity is a term from physics and has a very specific meaning as an alg

mark carney, the man that in july will move from the bank of canada to running the bank of england, did, he's promised quite exotic ideas of central banking, targeting nominal gdp. in daf ovos he was suggesting t moving forward he would bring ip fla inflation gradually to where it's supposed to be. but he was playing very much by the book to keep confidence in the boe and saying, look, let's just stick with what we know for now and talk about it. >> flexible inflation targeting, in my opinion, is the most successful monetary framework that has been in existence. so the bar for change to that framework, the overall framework, is very high. but i would note that there seems to be an appetite for some debate. >> from london, let's move to fram frankfurt, where it was the return of mario draghi at the european central bank, to hold his monthly news conference. there was some discussion at the beginning as to whether he was pushing back his expectations as to whether you might get the rebounding growth in europe from the second half of the year to sometime next year. i guess the big news is