John Ryding Says Rates Are Too Low

The video discusses the aftermath of the financial crisis, focusing on the role of interest rates and the Federal Reserve's policies. It examines the Taylor rule, the Fed's balance sheet, and the discretion of central banks. The discussion also touches on political influences and the need for structural reforms in the US and Europe.

What was the impact of the very low interest rate policy on the financial crisis?

How does the Taylor rule relate to the current interest rates according to the text?

What role does discretion play in the actions of central banks according to the discussion?

What are the potential consequences of moving the goal posts in central banking?

What structural reforms are suggested for Europe in the text?