Do you see that being sort of a universal thing across the west? And then how does that interact with potential rate increases? Yes, there wasa, i think i was in the f t to day, ther prime minister of spain was saying to the e u. We need help because theyr. Electricity prices are basically pinned to spot gas prices. Now, does that create more inflation? Maybe. The answer is, usually yield curve control. That's what the us. Did in the 19 forties and fifties,. thirties, forties, fifties, where you cap yields so bond yields don't destroy the debtors. Inflation eases the debt
Raoul Pal is the CEO of Real Vision, a cutting edge financial media company and also runs his own macro research business, Global Macro Investor. In this episode we discuss: - Raoul's 3 scenarios for how the war between Russia & Ukraine plays out - The outlook for different asset classes including stock & bonds, commodities & crypto - Why the tokenisation of culture through communities like Bored Ape Yacht Club are so significant We also talk about the practical implications of potential social unrest and how people should be thinking about their life choices in that context as well as Raoul's philosophy of living in the future.