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TPP483: The Price Of Money: How to prosper in a financial world that's rigged against you

The Property Podcast

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What Does This Mean for Investors?

We are 50 years into a financial experiment. We don't know how thit ends, but we're gong to find out at some point. The amount of debt in the system is now so high that the only way for the payments on that debt to be affordable are for interest rates to be really, really low. If interest rates came up, it would crash the stock market, the property market, the bond market, waves of defaults everywhere. It would be an absolute catastrophe. And that, for me, explains why central banks are doing so little about fighting inflation. They hope that by talking about all the things that they're going to do, inflationis going to come down.

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