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#27: Diego Parrilla On The Perpetual Search For Extreme Optionality
Superinvestors and the Art of Worldly Wisdom
The Euro Crisis and the Federal Reserve
I think that process will basically exacerbate one of the major problems that we've had all along, but it's currency wars. It's a very, very slippery slope that in my view will push central banks back into the only thing that they know what to do, which is just printing more and borrowing more. For years later, Europe had a major crisis. Draghi, it walks in and realizes very well that, you know, whilst many of these policies are sold as domestic, they have big implications in your neighbors. And he basically not only embraces all the unconventional monetary policy, he pushes it even farther with negative interest rates. I don't want to reverse this process. We're now
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