Mark Carney
Prime Minister, Government of Canada. On 2 shows, 2 appearances, plus 2 compilation re-airs not counted. The Shows tab opens the full record on each.
politicianexecutiveinvestorauthor@MarkJCarney ↗markcarney.ca ↗Wikipedia ↗YouTube ↗Instagram ↗
Mark Carney previously served as Governor of the Bank of Canada, Governor of the Bank of England, and Head of Transition Investing at Brookfield Asset Management. He has also served as a United Nations Special Envoy on Climate Action and Finance and authored the book Value(s): Building a Better World for All.
2shows
2appearances
50statements
18resolved
8supported
6contradicted
44%fully supported
7said about them ↓ Everything Mark Carney said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Carney: Only a minority of incumbent banks will adapt over 20 years
“I think that some will, but they'll be the minority. I think a number of them will shift towards becoming more white-label credit providers, because In the end, somebody needs a balance sheet to make the loan, and that service isn't necessarily, that expertise…”
Carney: Fiat will remain store of value, but not primary payment method
“In the end, I think the unit of account is still going to be in the domestic fiat. The ultimate store of value will be in the domestic Fiat, but that the fiat isn't necessarily what's going to be used for the means of payment.”
Carney: AI and NFTs Will Initially Increase Income Inequality
“So NFTs fall in this camp. Artificial intelligence, machine learning absolutely falls into that campus. Well, ultimately beneficial, but a period of time we're likely to increase inequality.”
Carney: Every Tech Revolution Decouples Productivity Growth From Worker Returns
“Every technological revolution has had that break. Between the speed with which productivity increases and the returns to labor.”
Carney: Prolonged High Interest Rates Will Force Regional Bank Consolidation
“The longer higher rates go on and the more deposits move to perceived safer places, we're going to see more at a minimum, I'll put it politely. We're going to see more consolidation in that sector.”
Carney: Banking system has six times the loss absorbency of 2008
“The system as a whole has more than six times the loss absorbency it had then. It has much higher liquidity across the system.”
Carney: Universal US bank deposit guarantees cannot happen quickly
“It has to be duly authorized, and in the US that requires an act of Congress. So the effective way to guarantee all those deposits is not going to happen quickly.”
Carney: First Republic Bank Is Responsible for Its Own Distress
“On the balance, it bears more responsibility for the situation it is than the macro.”
Carney: Bank funding will shift to wholesale, becoming more volatile
“I do think what this does lead to though, is the system moving more towards wholesale finance, narrow banking in different pockets, and that the funding of banks Will over time become more wholesale, less retail, more volatile, more credit differentiation.”
Carney: Global clean energy investment on track to quadruple by 2030
“The level of clean energy investments, so renewables and other investment Has tripled over the course of the last five years. It's on course to quadruple again over the course of you know, between now and the end of the decade.”
Carney: EV sales will exceed 50% in advanced economies by 2030
“Three, four years ago, about four percent of new auto sales were EVs. This year it's looking like it's going to be closer to 20% worldwide. That is, those are huge, huge numbers. And in most advanced economies, it's likely to be more one and two by the end of …”
Carney: China accounted for half of global clean energy investment in 2022
“China accounted for half of clean energy investment last year, about five hundred and fifty billion US of the 1.1 trillion. So half in effect. Renewable investments growing at 50% a year. They have more than 50% of the EV market in terms of the flow there.”
Carney: Two-Thirds of Global Carbon Emissions Come From Emerging Markets
“Two thirds of the emissions in the world now come from the emerging world. Now that includes China. China's about 30% of global emissions. So, but you've got 35% plus of emissions coming from countries that most private investors never visit, don't have exposu…”
Carney: 1% central bank rate hike increases risk discount rates 1.5–2.5%
“What tends to happen when interest rates increase is that there is a amplified impact on the interest rates of risk assets or the discount rates on risk assets. So if the bank rate goes up by one percentage point, the discount rate tends to go up by one and a …”
Carney: 95% of circulating money is created by private banks
“95% of the money that circulates in the system is created by the private sector today.”
Carney: A 1% rate hike raises risk asset discount rates 1.5%-2.5%
“So if guilt rates go or the bank rate goes up by one percentage point, you tend, the discount rate tends to go up by one and a half to two and a half points, depending on where the asset is on the risk spectrum.”
Mark Carney: AI will create new jobs rather than eliminate human work
“I'm not a AI will mean that none of us are ever going to work again. I'm in the AI will enable new jobs.”
Carney: Platforms enabling asset fractionalization and portfolio construction will win in crypto
“I think the question, one of the most interesting ones will come around hard assets, other hard assets, whether it's real estate, other hard assets, and the fractionalization of those assets, and the ownership, and the way portfolios can be Constructed. So who…”
Carney: Post-bust market phases yield greatest investment opportunities
“And what's interesting about that phase is provided you'd avoided getting over levered in the Ponzi phase, what it brings is tremendous opportunity because the underlying Innovation was real. It's still there. You've seen what works and what works less well. T…”
Carney: Expecting individual depositors to monitor bank solvency is unrealistic
“It's just not realistic that, you know, Harry VC and people like you, or somebody running the corner shop who has their deposit in a bank is going to sit, take time out to monitor the health of the bank and move that deposit when it, when you start to get conc…”
Mark Carney: If financial concepts can't be explained clearly, fundamentals are broken
“If something doesn't make sense, it doesn't make sense. So in other words, if someone explains something to you in finance, and it doesn't quite ring true, ask them to explain it again. And if they can't, they probably don't know what they're talking about. Th…”
Carney: Crypto exchanges will evolve to trade underlying real and digital assets
“Over time, I think the role of the exchange will increasingly be about the exchange of the underlying asset, which is not the Currency. But as I say, the underlying asset, whether it's a piece of art, whether it's a function in a video game, whether it's a fra…”
Carney: Real Wages Flatlined for 40 Years in First Industrial Revolution
“And, you know, there's a term in economics called the Engels pause, which is the experience of When you have a big technological change, there is a disconnect between the productivity growth of labor and the real incomes of labor, and if you look in the first …”
The other half of the tape: Mark Carney's own voice is left out of every number here. Other people bring the name up 7 times in 3 episodes across the shows. every mention, with the transcript →
Who brings them up most Tobi Lütke 5Harry Stebbings 2
Every mention by year
tap a year for its mentions
20VC 7
2026 5 mentions in 1 episode
2022 2 mentions in 2 episodes 1 per episode
- Ian Lee: Why DAOs Will Replace Venture Capital; Biggest Threat to Web3 | 20VC #893 · 20VC with Harry Stebbings
- 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
- every mention in 2022, scene by scene →
One line per show, most statements first. The link opens Mark's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Prime Minister, Government of Canada | 2 +1 | 50 | 44% 8/18 | full record on 20VC → |
 GREEN BLUEPRINTLEDGER | Prime Minister, Government of Canada | 0 +1 | 0 | — | full record on the Green Blueprint → |