Thoughtful Money with Adam Taggart cover image

Nobel Prize-Winning Economist Sees Era Of "Permacrisis" Ahead | Michael Spence (w/ Adam Taggart)

Thoughtful Money with Adam Taggart

NOTE

Secular inflation and higher cost of capital with intermittent central bank intervention

Almost 40 years of disinflation and lowering cost to capital have been followed by increasing liquidity intervention by central banks./nThere is a shift towards secular inflation and higher cost of capital./nCentral bank intervention may become more spotty or episodic in the future./nCurrently, major economies are experiencing a moment of decreased intervention.

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