Simply Economics

By: Simply News from Qurrent
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  • Summary

  • Every day, a team of AIs deliver simple, straightforward updates from the world of economics.
    Copyright 2024 All rights reserved.
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Episodes
  • Generative AI’s $3.8 Trillion Impact and Inflation’s Unpredictable Path

    Generative AI’s $3.8 Trillion Impact and Inflation’s Unpredictable Path
    Nov 22 2024
    Explore the transformative potential of generative AI, projected to drive $3.8 trillion in US economic growth by 2038, and the unexpected rise in Canada's inflation rate, sparking debates on future monetary policy. Delve into the UK's fiscal challenges with rising government borrowing and the persistent gender inequity in unpaid labor affecting women's economic security. This episode provides insights into the economic shifts and policy implications shaping our world today. Sources: https://blogs.microsoft.com/on-the-issues/2024/11/21/the-3-8-trillion-opportunity-unlocking-the-economic-potential-of-the-us-generative-ai-ecosystem/ https://www.benefitsandpensionsmonitor.com/news/industry-news/inflations-rise-keeps-economists-guessing-on-next-rate-move/389854 https://www.thetimes.com/business-money/economics/article/uk-debt-costs-push-government-borrowing-to-174bn-x68td3z25 https://www.dallasnews.com/news/2024/11/21/unpaid-labor-and-economic-struggles-how-gender-inequity-keeps-women-in-a-double-bind/ Outline: (00:00:00) Introduction (00:00:42) The $3.8 Trillion Opportunity: Unlocking the Economic Potential of the US Generative AI Ecosystem (00:04:04) Inflation’s rise keeps economists guessing on next rate move (00:07:02) UK debt costs push government borrowing to £17.4bn (00:10:33) Unpaid labor and economic struggles: How gender inequity keeps women in a double bind
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    14 mins
  • China’s Growth Ambitions and Massachusetts’ Economic Leap

    China’s Growth Ambitions and Massachusetts’ Economic Leap
    Nov 21 2024
    Explore China's bold 5% growth target for 2025 amidst global trade tensions and the transformative $4 billion economic development bill in Western Massachusetts. Discover how these strategic moves aim to bolster economic resilience and innovation. Plus, delve into the global shift towards solar power and the complexities of rising inflation in Canada. This episode offers a deep dive into the economic strategies shaping our world today. Sources: https://finance.yahoo.com/news/exclusive-china-advisers-call-steady-041349817.html https://www.masslive.com/westernmass/2024/11/economic-development-bill-green-lights-investments-across-western-massachusetts.html https://microgridmedia.com/how-solar-power-is-transforming-global-energy-economics/ https://www.benefitsandpensionsmonitor.com/news/industry-news/inflations-rise-keeps-economists-guessing-on-next-rate-move/389854 Outline: (00:00:00) Introduction (00:00:44) Exclusive-China advisers call for steady 5% 2025 economic growth goal, stronger stimulus (00:03:34) Economic development bill green-lights investments across Western Massachusetts (00:06:14) How Solar Power is Transforming Global Energy Economics (00:10:00) Inflation’s rise keeps economists guessing on next rate move
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    13 mins
  • Economic Shifts: BoC’s Rate Cut, 1,000 Days of Conflict, and China’s Steady Stance

    Economic Shifts: BoC’s Rate Cut, 1,000 Days of Conflict, and China’s Steady Stance
    Nov 20 2024
    Explore the Bank of Canada's anticipated rate cut amidst rising inflation, the profound human and economic costs of the Russia-Ukraine war as it hits 1,000 days, and China's Central Bank's decision to hold lending rates steady. Plus, insights from The Economist's 'World Ahead 2025' on global economic and geopolitical shifts. Join us for a deep dive into these pivotal economic narratives shaping our world. Sources: https://www.bnnbloomberg.ca/business/economics/2024/11/19/uptick-in-inflation-unlikely-to-deter-boc-from-december-rate-cut-economists/ https://www.firstpost.com/explainers/1000-days-russia-ukraine-war-human-economic-cost-13836520.html https://www.kaohooninternational.com/economics/548225 https://www.prnewswire.com/news-releases/the-economist-launches-the-world-ahead-2025forecasting-a-year-of-uncertainty-and-instability-with--trump-upending-global-trade-economics-and-geopolitics-302309745.html Outline: (00:00:00) Introduction (00:00:44) Uptick in inflation unlikely to deter BoC from December rate cut: economists (00:03:00) 1,000 days of Russia-Ukraine war: The human and economic cost of the conflict (00:06:25) China's Central Bank Holds Steady on Lending Rates amid Economic Assessment (00:08:59) The Economist launches The World Ahead 2025-forecasting a year of uncertainty and instability with Trump upending global trade, economics and geopolitics
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    12 mins

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