My first time hosting. Obviously.
"It was the 0% era that made a 5%-plus rate dangerous." - Jim Grant
"21st-century central bankers are many things. What they are not is original. QE, financial repression & other post-2007 radical monetary innovations got a fair trial in France exactly 300 years ago. In the resulting spectacular boom & bust is a cautionary story for our time."
Edward Chancellor
This is the Treppwire podcast I’d “bookmarked”, as a top. August 19, 2021.
"Think about it. If you own a bond, you've got a claim on money, but the claims are too much...You're either not gonna get back that money in full, or you're going to get back money that's worth less, because they print the money."
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