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Munk Dialogue with Kyle Bass: Financial consequences of the conflict between the US and China over Taiwan

The Munk Debates Podcast

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Is There a Flight to Quality?

I think the US central bank got this horribly wrong and printed way too much money. I don't think they're going to get a trillion dollars off their balance sheet before they have to stop. And I believe that there's going to be a flight to quality which you're already seeing. Where are you going to invest your money in China? Absolutely not. The European Union is still just a hope. It's not a real union. But say the globe's reserve managers will come to the US, we'll have temporary stagflation.

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