The Real Mechanics of Monetary Policy & Financial Plumbing (w/ Caitlin Long and Dr. Manmohan Singh)

If you are one of the few who have studied the mechanics of monetary policy and the plumbing of the financial system, most of what you learned may be out of date-that is, if you haven’t done so in the last five years. In this interview with Caitlin Long, CEO and founder of Avanti Financial Group, Dr. Manmohan Singh of the IMF explains the massive changes that have come about in the past decade and tries to dispel some of the preconceived notions many have about this complex system. In addition to this focus on the true mechanics of the current system, they also discuss the difficulty of trying to make sense of such an opaque and interconnected global system where laws and data reporting are not uniform from country to country. Moreover, Long and Singh zoom in on the tsunami of change that could be brought about by the growth of digital assets both inside and outside of the traditional financial system, and they highlight the intense focus on these developments by the private banking sector and bodies like the IMF. Filmed on December 7, 2020. Originally aired on December 14, 2020. Viewers can find more of Dr. Singh's work here: www.risk.net/c... and www.imf.org/en...
Key Learnings: The plumbing of the financial system continuously evolves as institutions, regulations, and technology change. Coming from entirely different perspectives, Long and Singh both stress the level of attention digital assets are receiving from the highest levels of global finance and how important they will be to the future development of the financial system.
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The Real Mechanics of Monetary Policy & Financial Plumbing (w/ Caitlin Long and Dr. Manmohan Singh)
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For the transcript visit: rvtv.io/TheInt...
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[@eliasarches2575]

This is how modern monetary policy works: press ‘ctrl-p’

[@nachannachle2706]

This discussion is ground-breaking in so many ways. Ms Long and Dr Singh have broken down the issues we are facing (Global inequalities, QE, Leverage risks, Balance sheet recessions, FinTech, Digital currencies, Privacy, etc.) and also explored some pertinent solutions that incorporate new and upcoming paradigms (collateral re-use, tokenisation, instant settlement, pledges, etc.). Rarely do I get to hear such well-informed, nuanced and positive views in the world of Economics and Finance. Thank you, Real Vision!

[@relobmit]

Basically he's saying treasury securities are acting as money.

[@anonymoustruth3361]

I feel like I’m gonna need to watch this at least twice. So much info lol

[@Ibepm]

It would be so good to understand what hes's saying lol

[@dasXperiment]

That was a great one! Thank you so much! Digital Yuan's political implications anyone?

[@dianatyson6511]

*No 1: Don't Only Hope On Government For Income,* *No 2: As An Individual Look For Different Self Income Not Only Waiting on Monthly Wages,* *No 3: Always Save The Little You Can And Think Of What To Do With It When It Become Good For Capital.* *It's 100% Good To Have Different Ways To Gain Income* *Because Government have failed us so therefore let's try and survive*

[@FutureTrendToday]

Really eye-opening interview! Thanks RV - Brilliant!

[@spacebunyip8979]

Thank you Dr Singh

[@BobbyGiggz]

Cutting edge speculation. Love it. #tmrwsWORLD 💟💯

[@BitcoinBitz]

Frig am I the only one that finds this fascinating?? so so good....can you guys do more regular interviews??? that would be awesome

[@RealVisionFinance]

glan check it out for $1 if you're interested.

[@basilbrushbooshieboosh5302]

Love you as an interviewer or interviewee Kaitlin, you're so vivacious when talking about global financial plumbing

[@bikemmm6167]

This was a highly insightful conversation, thank you.

[@popcornbananaman1234]

This was...dense.

[@dregonnadre]

WOW, Jeff Goldblum is so knowledgeable!!!!

[@alexpiffington4933]

So she's from JP Morgan and he mentioned Stellar. . .and this convo is all about the financial plumbing system as well as a shortage on bonds? XRP = JP Morgan Coin, XLM = Goldman Sachs Coin. Makes me hella bullish now.

[@pinkpalmsmusic]

The sad thing about this interview is that they mix the money multiplier version of money creation in there, which we learned is not accurate at all. I would love to see Dr. Singh in an interview with Alfonso Peccatiello to put the focus on the problem of collateral rehypothecation but still maintain a correct view of money creation in the banking system.

[@etherflows3059]

Mind bending from a lay perspective. Still helped though. And only STABLEcoins need apply, is interesting - more on both, please.

[@mutantryeff]

Nothing like a re-run. It should be in B&W.

[@AdrianWyrzykowski]

really good and technical monetary review....thanks!

[@sirluciussquigglesworthlll6503]

Awesomeness

[@BogdanManciu]

I hope to rewatch it after it's digested and regurgitated in a simpler manner by people like Rebel Capitalist, but I did like it how he pointed at the liquidity trap as a cause for the March crash and how going forward either negative interest rates are going to have to happen or something along the lines of tresury DeFi. What do you guys think of the SI or whatever the International Monetary Fund currency experiment was, could that go the way of the blockchain!?

[@joelthornton3508]

Always include English subtitles. Not included here.

[@prula]

Caitlin Long is the best!

[@NorskKiwi]

Really enjoyed this one.

[@jeffb.140]

Great interview!

[@robtmil51]

Caitlin rulez!

[@RealVisionFinance]

yes

[@azdeserthippies3997]

"Unlocking Value " and "all the money"

[@marine5546]

I don't think it would be possible for central banks to unwind their balance sheets unless they take a huge loss. Maybe they are ok with taking the loss since they don't really need capital

[@NoName-zn1sb]

Big Banking and the IMF... the perfect ones from which to get your financial advice...

[@parthpeterpatel]

Thank you

[@parthpeterpatel]

I now have added 1000 individual lego pieces in my economic modeling lego box.

[@bb3683]

this is nice

[@easyeagle3730]

I know more about the banking system than 99%of people on this planet. Most people don’t even know the difference between money and currency let alone fiat currency! I don’t have the knowledge to explain this corrupt system on a napkin. I only have the intelligence to keep buying Bitcoin!

[@intellectualpupil]

This is so complicated, no one is willing to comment

[@aashishgehlot3071]

Manmohan Singh is aging in reverse

[@hamzariazuddin424]

sounds interesting but i really have to slow this all down...alot of jargon words and he keeps jumping between topics...i suspect thats normal for someone whos working at these top instituitions and not used to articulating these mechanisms to meer mortals like me....but i suspect if i take sometime reading his papers...it might all sound a bit more coherent....good effort by the interviewer though to try make things clear....

[@onerewards9724]

Hi

[@HuiChyr]

The interviewer is Caitlin Long. What do you expect the final conclusion gonna be ... "current banking system = BAD. Cryptocurrency system is here to save the day. Cryptocurrency = GOOD ". It's no brainer what RV is trying to do here. RV is all in Bitcoin and Enthereum. Just take note on that.

[@FUNKYFRESH707]

Crypto pioneers paving the way to our digital decentralized crypto economy future

[@snax_4820]

It may be interesting, but I didn`t get it. It is too wired.

[@azdeserthippies3997]

Xrp/Ripple/Flare Networks to save the day. Mario and Luigi of the financial system

[@dm8411]

What an absolute complicated and convoluted mess. You should not need years of doctorate study to work out how to buy and sell something and still be confused by it all. We don't need any more clever ideas and "innovations" in finance. Bring it back to the very basics and if you can't explain it to a child in 5 minutes your on the wrong path.

[@PonziZombieKiller]

The IMF.... Well I bet they tell us how the banksters get out of this mess at the expense of the working class. lets see

[@PonziZombieKiller]

yeap I tnought so. Same ole shit they dont have the money and they get bailed out again.

[@PonziZombieKiller]

and Oringeman wiped their ass and then they threw him out ro suck more out of Sleepy Bozo Joe... on and on if you are a Bankster ... absurd

[@michael2275]

Bitcoin much simpler to understand. I will keep my money in bitcoin.

[@leonardstone9013]

*Yes ! For real It is very important to have different streams of income and a diversified portfolio as for me I have already invested in crypto which is very profitable and easy to gain*

[@FavourButhelezi]

Investing in crypto is the only Big change of making money

[@marielucas5863]

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.