Money Talks: Volatile gas
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 22 September 2021
⏱️ 29 minutes
🧾️ Download transcript
Summary
The price of natural gas is rocketing, with global consequences. Is volatility in this crucial fuel here to stay? We also ask why an investigation at the World Bank has put Kristalina Georgieva, the head of the International Monetary Fund, in the spotlight. And, after our adventures in DeFi-land last week, economist Eswar Prasad assesses who should control the future of money and payments. Patrick Lane hosts
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Transcript
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| 0:00.0 | They're not authors, but they help you shape your financial story. |
| 0:04.0 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:10.0 | They're not interpreters, but they listen to and understand their client's needs. |
| 0:14.0 | With global expertise and over two centuries of experience, |
| 0:18.0 | City provides tools, insights and guidance that helps clients thrive. |
| 0:23.0 | They're not just any bank, they are City. |
| 0:26.0 | Learn more at city.com slash we are City. |
| 0:39.0 | The price of natural gas is rocketing. |
| 0:42.0 | It's volatility in the price of this crucial fuel here to stay. |
| 0:47.0 | You're listening to Money Talks from the Economist. |
| 0:57.0 | Our weekly podcast on the markets, the economy and the world of business. |
| 1:02.0 | I'm Patrick Lane and also on today's show, |
| 1:06.0 | Wine Investigation at the World Bank has put the head of its sister institution, |
| 1:11.0 | the IMF, in the spotlight. |
| 1:13.0 | People who are critical of China's influence on international institutions |
| 1:17.0 | are having a field day with these findings. |
| 1:20.0 | They're saying it shows that these international institutions can't stand up to China. |
| 1:24.0 | And, after our adventures in Defyland last week, |
| 1:27.0 | who should control the future of money and payments? |
| 1:30.0 | So, at one level, it's a bright and promising future |
| 1:34.0 | with fast and efficient digital payments, |
| 1:36.0 | but we'll also see this as a dystopian future. |
... |
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