Terrifyingly important podcast
https://twitter.com/ttmygh/status/1289863271131086848Bill and Grant welcome Russell Napier to The End Game to discuss the reasons behind the long-term disinflationist's recent decision to step off that train and prepare for the return of inflation.Using examples from the 1690s, 1930s and 1970s, Russell makes the case for inflation in the United States hitting 4% before the end of the year and explains why recent moves by the U.S. government to circumvent the Federal Reserve have changed the game dramatically and, potentially, bring The End Game much closer. Russell offers a primer on real financial repression and explains how dangerously different the world may look in the not-too-distant future. Strap yourself in - this is another head-spinning conversation.
Lots of the others are very good.
related
https://twitter.com/blockbain/status/1287859725997084672 thread
Historical data suggests extreme inflation has already occurred and that we are all boiled frogs.