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4min chapter
Lessons From The Asian Financial Crisis | Russell Napier
Forward Guidance
The Future of Inflation
The Fed keeps talking about how it's going to tackle inflation but they are complicit in inflating them away so there'll be lots of jaw against inflation but not a lot of war war against inflation. What is coming is a world where we have to permanently keep inflation above the discount rate and I know a lot of people who'll be watching this are probably skilled in finance and would argue well that's impossible. We're going to need significantly higher inflation did I hear you rightYeah that's good that's I mean I know the Fed keepstalking about how it’s going to tackling inflation but it doesn't actually mean it.
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