Animal Spirits Podcast cover image

Recession Not Required (EP.317)

Animal Spirits Podcast

00:00

The Five Pillars of Inflation

Germany 1920 to 1923 saw consumer prices inflate by a factor of one trillion. The stock market, even though it was pretty volatile, still showed positive real returns over that period. So the people who try to like scare you that hyperinflation is coming by, I don't know, gold or Bitcoin or cans and bullets? And the stock market is your best bet against hyperinflation.

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