Conversations with Tyler cover image

John Cochrane on Economic Puzzles and Habits of Mind

Conversations with Tyler

00:00

Debt, Inflation, and the Value of Cryptocurrency

This chapter explores the fiscal theory of the price level, focusing on the implications of government debt and its potential to influence inflation. It discusses the precarious balance between economic growth, interest rates, and the sustainability of debt, alongside evolving perspectives on the value of cryptocurrencies like Bitcoin. The conversation emphasizes the complexities of financial markets and the need for careful analysis of asset substitutability in light of government monetary policies.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app