What Investors Need to Know About Geopolitics with Marko Papic
Excess Returns
00:00
Are We Going to Anchor the Tenure?
In the late 1940s, though, we did have debt from the World War II. And the way we dealt with it is we just allowed this inflationary overshoot. So I think all of this is just chess beating. The Fed and other central banks are trying to preserve credibility but eventually they will re-anchory inflation to four percent. It's not going to be legislated. There's not a nice statement about it. There's just going to be okay with it.
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