AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Classic 21: Inflation or Deflation w/ Jeff Booth
We Study Billionaires - The Investor’s Podcast Network
The Fed Printing Is a Subprime of 2008, but the Interconnections Are Not
If it took $185 trillion over the last 20 years, that's only driven marginal growth. To get the same amount of growth over the next four years will take exponentially more debt. The Fed is boxed and they're trying to case it, to stop that asset price unwind no matter what because then the banking system fails. Just like subprime, remember in 2008 everybody said oh, somehow it's isolated, but the interconnections are not. And the whole system is tied to that amount of debt.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode