About this episode

Manoj and Charles discuss the implications of ageing societies on real interest rates and the future of central banking.

Manoj and Charles join Russell Napier to discuss their view that "real interest rates will rise because increasingly ageing societies will create a persistent and still-underappreciated deterioration in the government’s fiscal position". Can AI offset these demographic headwinds? The pair aren't convinced – suggesting that the glory days of central banks may be behind us. Lauded by Russell for once again "annoying the right people in the right places", he describes the book as "a quick read that makes you think for a long time". www.libraryofmistakes.com

People in this episode

Host: Russell Napier

Guests: Manoj Pradhan, Charles Goodhart

Topics covered

• central banking
• interest rates
• demographics
• fiscal policy
• AI impact

Mentioned in this episode

Organizations: Library of Mistakes

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