2min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#8: Raoul Pal on Putting Together the Global Macro Puzzle

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Quantitative Easing in the Economy

I'm not sure at what level of quantitative easing needs to happen to offset all of this, so much so that you can upset the apple cart the other way. I just don't see that it's possible. Right, and these forces that you're talking about are bigger than anything that they're capable of ameliorating, really. And if fiscal authorities decide to get very aggressive, and with central banks monetizing that aggression, isn't that a possibility? It could be massively inflationary. If it was, then Switzerland would have huge inflation, so would Japan. There is, and it's not necessarily good for asset prices, as we've seen in Japan.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode