AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
TIP514: Permanent Supply Chain Disruptions That Will Sink the Economy w/ Jim Rickards
We Study Billionaires - The Investor’s Podcast Network
Why the Fed Can't Have Deflation
Deflation is a central bankers worst nightmare. In deflation, cash can be your best performing asset because even though the nominal return is quite low, the real return can be quite high. If you have deflation of 2% and your money just stays constant, your money's worth 2% more. So they don't want the real value of the US debt, $31 trillion would go up in a deflationary environment. But when you get deflation, they don't have any tools. Now they'll do QE. The QE is a joke. I mean, QE is like a mirage or a psychological game. They play with people. It helps creditors but it hurts debtors
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