The inflation paradox (E1663)
Max and Stacy look at the Washington Post editorial on whether Fed chairman Jerome Powell and Treasury Secretary Janet Yellen will do something about bitcoin revealing the flaw of money printing. In the second half, Max interviews Mark Valek of Incrementum.li about the growth in US money supply and whether or not hedge fund investor Stan Druckenmiller is right to go very, very short on the dollar in response. They discuss Weimar inflation, currency debasement, and gold prices.
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