4min chapter

Bankless cover image

115 - The Stagflation Mega-Trade | Dan Morehead

Bankless

CHAPTER

We Didn't Experience Inflation in the Seventies, Right?

We've had a twin policy surge of printing enormous amounts of money and literally mailing it to every american, whether they needed it or not. The fed manipulated the market instead of allowing the free market to figure out where interest rates should be. Their providing money absurdly below its true value is creating a bubble. One of the consequences of he bubble is its driving up the price of home. They have a ton of work to do.

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