Henry: We're Reaching the Limits of Monetary Policy

The video discusses the cautious approach of central banks, particularly the Fed, in managing interest rates and inflation. It highlights the risks of policy errors and the Fed's strategy of a symmetrical inflation target. The potential for currency intervention and the constraints within the G20 framework are explored, along with the global implications of policy actions and the possibility of coordinated intervention.

Discuss the implications of currency intervention as mentioned in the text.

What factors could trigger currency intervention according to the discussion?