AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
We Study Billionaires - The Investor’s Podcast Network
TIP331: Inflation w/ Cullen Roche
Jan 10, 2021
Cullen Roche, an investment expert known for his insights on Pragmatic Capitalism, dives deep into inflation and the economy's current landscape. He challenges the common notion that money supply expansion leads directly to inflation. Roche discusses strategies to protect portfolios in uncertain times and explores the rationale behind stocks trading at 50x earnings. The conversation also sheds light on the complexities of bond investing and the evolving macroeconomic environment, making for a thought-provoking listen for investors.
01:05:10
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Cullen Roche argues that an increase in money supply does not automatically lead to inflation, challenging conventional economic views.
- In a rising inflation environment, diversifying investments globally and favoring value stocks can help protect portfolios from domestic currency risks.
Deep dives
Understanding the Money Supply and Its Impact on the Economy
The conversation highlights the essential role of money supply in the economy, emphasizing that it will always expand over the long term in a debt-based financial system. Colin Rhodes challenges the Austrian School of Economics' definition of inflation, stating that an increase in money supply doesn't always lead to inflation as traditionally understood. Instead, loans generate deposits and create liquidity in the economy, addressing the demand for goods and services. This dynamic underlines the importance of understanding how borrowed money is utilized, as productive borrowing can lead to improved economic output.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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