Blanchflower: May Should Keep Out of Monetary Policy

The video discusses the implications of loose monetary policy, with critiques of government interference in central bank independence. It highlights expectations for Chancellor Philip Hammond's budget and defends Theresa May's comments on the need for fiscal policy to support economic growth. The discussion emphasizes the importance of public investment and long-term growth strategies.

What alternative policies does the speaker suggest to support demand?

In what way does the speaker believe fiscal policy is more beneficial than monetary policy?