Former hedge fund manager Hugh Hendry discusses the risks in the world economy, including Chinese deflation, US dollar strength, and unrealized losses in US Treasuries. He highlights the importance of China's rise, warns of a yuan devaluation leading to 'Mad Max' deflation, and talks about the 'terrifying' drop in the Japanese yen. Hendry also brings attention to the US as a growth leader amidst global economic shifts.

Professor Richard Werner joins Hugh Hendry to explore credit creation, asset bubbles, and the role of central banks. They analyze the Bank of Japan's credit expansion, discuss the Fed and ECB's actions during the global crisis, and predict a potential bank nationalization. They criticize the undemocratic nature of the ECB and discuss the future leaders of the global monetary order.

Hugh Hendry, The Acid Capitalist, discusses the Fed's dilemma, the fragility of valuations, the potential of gold and Bitcoin, and the warning signals from the Japanese Yen. He shares insights on market bubbles, risky investments, and the challenges faced by the Fed in today's economic environment. Hendry also reflects on his past hedge fund years, the importance of authenticity, and the influence of personal quirks on investment decisions.

Join the ACID Capitalist, Hugh Hendry, Brent Johnson, and Tracy Shuchart as they explore USD fluctuations, interest rate procrastinations, and geopolitical chess moves in the world of macroeconomics. Dive into gritty financial trends, contrarian views, and existential reflections in a raw, unfiltered conversation that cuts through the noise.

Forecasting expert and former hedge fund manager Hugh Hendry discusses the US economic growth, global capital inflows, challenges with the dollar as the reserve currency, and the impact of rising US interest rates on investments like gold, Bitcoin, tech stocks, and cryptocurrencies.