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Epsilon Theory on Tape: Hollow Men, Hollow Markets, Hollow World

Epsilon Theory Podcast

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Ben Bernanke and Janet Yellen's 'Yellen Fed'

Allan greenspan thought he could sneak in some wealth creation on the coat tails of volkar's inflation crushing campaign. But j powell is a lot more like greenspan than bernanke and yellen. I think he knows that it is economically unsustainable, socially destructive and politically poisonous to inflate wealth so much more than our economy grows. And then came covid which was not only a resumption of full bore q e and balance sheet expansion, about two trillion worth, but also the largest theft,. i mean, pulling forward of wealth for direct distribution to the already well off, of any government programme in the history of man.

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