Ira Jersey: World Has to Get Used to Low Yields

The video discusses the global economic landscape characterized by chronic low yields and policy divergences. It explores the impact of negative yield policies in various countries, including the United States, Europe, and Japan. The discussion extends to the effects of these policies on loan demand and bond issuance, highlighting the role of the European Central Bank (ECB) in purchasing corporate bonds. The video concludes with a critical view on the sustainability of negative rates, likening it to a Ponzi scheme, and questions the long-term viability of such economic strategies.

What strategies might the ECB employ to stimulate the economy through corporate bond purchases?

Discuss the concept of negative yielding assets and its implications for investors.