Inflation Targeting Rocks!| Episode 68 | Everything is Everything скачать в хорошем качестве

Inflation Targeting Rocks!| Episode 68 | Everything is Everything

Inflation is a tax on the poor. High and variable inflation can shatter the fine interplay of incentives and information within an economy. And, as Milton Friedman famously said, inflation is always and everywhere a monetary phenomenon. The state is responsible -- and the central bank's one job should be to keep inflation in check. Thankfully, we got that right with inflation targeting. Welcome to Episode 68 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah. In this episode, Ajay talks about why inflation can be such a problem, and Inflation Targeting is an elegant way to keep it under control. Ajay was in the policy community in India that made it happen. Here's the inside story! By the way, Amit and Ajay have launched their online course LIFE LESSONS. Click here to sign up: https://lifelessons.co.in/ If you like watching Everything is Everything, please like, subscribe, share, comment. :) TABLE OF CONTENTS: 00:00 Packaging 00:13 Intro: Ajay Loves Bumper Stickers! 00:55 Chapter 1: A Basic Guide to Inflation 05:40 Chapter 2: What Do You Measure? 13:25 Chapter 3: Why Inflation Matters 30:02 Chapter 4: Introducing Inflation Targeting 36:45 Chapter 5: Inside the Boiler Room 42:05 Chapter 6: The India Story 1:01:23 Chapter 7: Recommendations USEFUL RESOURCES: 1. Amit on Twitter:   / amitvarma   2. Ajay on Twitter:   / ajay_shah   3. The Seen and the Unseen -- Amit's audio podcast: https://seenunseen.in/ (Also on all podcast apps. And YouTube, though less than 1% of listens come from here:    / @theseenandtheunseen  ) 4. Ajay's organisation, XKDR Forum, on YouTube:    / @xkdr   5. In Service of the Republic -- Vijay Kelkar and Ajay Shah: https://amzn.eu/d/hwGILb3 6. The Art of Clear Writing -- Amit's writing course: https://indiauncut.com/clear-writing/ 7. The India Uncut Newsletter -- Amit's newsletter at https://indiauncut.substack.com/ 8. Life Lessons -- a course taught by Amit Varma and Ajay Shah: https://lifelessons.co.in/ 9. Why is solving India's inflation crisis important? (2012) -- Ajay Shah: https://tinyurl.com/t6879peh 10. Designing the Monetary Policy Committee (2014) -- Ajay Shah: https://tinyurl.com/2v8955m8 11. Lost a shock absorber -- Ajay Shah: https://www.mayin.org/ajayshah/MEDIA/... 12. Demystifying GDP — Episode 130 of The Seen and the Unseen (w Rajeswari Sengupta):    • Ep. 130: Demystifying GDP   13. The Economic Consequences of the Peace -- John Maynard Keynes: https://amzn.in/d/3OfeKEp 14. CMIE Household Survey: https://tinyurl.com/CMIE-data 15. The Role of Monetary Policy -- Milton Friedman: https://www.aeaweb.org/aer/top20/58.1... 16. The Use of Knowledge in Society -- Friedrich Hayek: https://www.econlib.org/library/Essay... 17. How to Do Development -- Episode 57 of Everything is Everything:    • How to Do Development| Episode 57 | Everyt...   18. Public Choice Theory Explains SO MUCH -- Episode 33 of Everything is Everything:    • Public Choice Theory Explains SO MUCH | Ep...   19. The Long Road to Change -- Episode 36 of Everything is Everything:    • The Long Road to Change | Episode 36 | Eve...   20. The Life and Times of KP Krishnan -- Episode 355 of The Seen and the Unseen:    • Ep 355: The Life and Times of KP Krishnan   21. The Reformers -- Episode 28 of Everything is Everything:    • The Reformers | Episode 28 | Everything is...   22. Blue -- Joni Mitchell:    • Joni Mitchell - Blue (Full Album) [Officia...   Produced by Amit Varma Shot by Vaishnav Vyas & Nomsita MS Haritashya:   / vaishnav.vyas   Edited by Nomsita MS Haritashya:   / nomsitaharitashya   Thanks to Gaurav Chintamani for helping with sound:   / gaurav_chintamani   Chapter image by Simahina:   / i_am_simahina