4min chapter

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#27: Diego Parrilla On The Perpetual Search For Extreme Optionality

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Anti Bubble of Gold

You write in the book that the United States created more money in the eight years of the Obama administration than all its previous history as a sovereign nation. I think what we've seen is we haven't really some way solved problems with transform them through the two simple miracles of printing your way out of a problem and borrowing your wayout of a problem. And to me, that makes me think about gold. You know, this time will tell, but you know what we're living today,. The fact that volatility has been artificially low over relations and all the hidden leverage in the system, what it will mean for zombies and companies that should have been let go long time ago.

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