The Fed, The Economy and The Virus: An Intuitive Demystification
During this session led by Rutgers Business School’s Dr. Farrokh Langdana, we will examine (intuitively) the macroeconomic convulsion amidst COVID-19. The role of monetary policy and deficit spending will be explored, as well as global trade issues.
During this session led by Rutgers Business School’s Dr. Farrokh Langdana, we will examine (intuitively) the similarities and differences of this macroeconomic convulsion to the one in 2008. The role of monetary policy and deficit spending will be explored.
- What is a Liquidity Trap?
- Why are long-term interest rates plunging?
- Have the Bond Vigilantes been vindicated?
- What is Modern Monetary Theory (MMT), as espoused by Bernie Sanders and AOC? In fact, the Trump administration has been actively deploying it. Is MMT dangerous, or is this our only way out?
This session will also discuss global trade issues and how the virus really was another nail in the coffin of "The Great Convergence" that spawned the hyper-global supply chains in the late 1990s to 2015.
Finally, we will see what Winston Churchill, Pearl Harbor and COVID-19 may have in common.
Taking a departure from the presentation-style format of other Lunch & Learns, this will be a highly nimble session driven by a combination of participant interest and Dr. Langdana’s ability to add value to some of those topics.
About Dr. Farrokh Langdana:
Dr. Langdana is a professor of Finance/Economics at Rutgers Business School, as well as the Director of Rutgers’ Executive MBA, “The Powerhouse.” To read/view all of Dr. Langdana’s blogs, please visit https://www.business.rutgers.edu/LangdanaMacro
If you have any questions, you may contact our Executive Education team directly at 1-848-445-2020.
This event is free.