Mark Thoma: Don’t raise rates & Paul Brodsky talks inflation in Europe
On Wednesday an unexpected twist in the $19 billion Facebook/WhatsApp deal came to light. Facebook, which acquired WhatsApp in February, has asked European Union antitrust regulators to examine the deal. The social networking giant is doing this in order to avoid other anti-trust reviews by individual countries. Erin takes a look.
Then Erin sits down with Dr. Mark Thoma, a professor of economics at the University of Oregon and a blogger of the Economist’s View. They discuss inequality, Federal Reserve policy, and interest rate hikes. Afterward, Edward Harrison interviews investor Paul Brodsky about tail risks, the fear of deflation, and inflation in the Eurozone. Check it out.
In today’s Big Deal, Edward Harrison and Erin are talking about “subprime business lending.” Is this just a fancy name for loan sharking on Wall Street? Edward gives his take.
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