This seems like a HUGE amount to cover in an episode however, so many of the things we think are isolated in the economy are connected. To the mix, we could also add debt in the third world, the climate crisis and exchange rates!

So this is a macroeconomic tour de force by regular FT commentator and former White House and Federal Reserve Bank Economist Claudia Sahm.

Q: Can we start with an explanation of the policy choice that governments make, normally via their central banks in relation to price controls, more commonly referred to as inflation and the level of unemployment in a country?

Q: We know you have been analysing energy markets and how dysfunctional they are at the moment. Can you tell us what trade-offs governments are making right now and what different decisions they are taking to manage a reduction in the supply of energy?

Q: What are your views on Trussonomics?

Q: Another area that I know you are very passionate about is the impact on a strong dollar on the global economy, especially the global south. Can you explain why a strong or rising dollar impacts economies that don’t use the dollar?

Q: We often hear about the independence of central banks. In your view are they independent?

Q: Can a central bank like the Fed or the Bank of England go bust? And if not why not. I ask this question because the Band of England stands ready to spend 65 billion to support pension schemes and some people are worried that this might break the bank.

Q: As you know the pound has been on a bit of a journey these last few weeks. Can you tell us what tends to happen when a currency drops in value? Is this inherently bad?

You can follow Claudia on Twitter:

  / claudia_sahm  

Or subscribe to her substack

https://stayathomemacro.substack.com/

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