The H-word (E1794)
In this end of 2021 episode, Max and Stacy chat to Mitch Feierstein of PlanetPonzi.com about the growing use of the ‘H-word’ – hyperinflation. When prominent billionaire businessmen like Jack Dorsey get on the hyperinflation bandwagon on which hedge funders like Michael Burry ride, how long until it actually happens? Why are high prices no longer curing high prices as is the history of capitalism? Perhaps it is because we no longer have capitalism but crony Cantillonism. Finally, Mitch gives his outlook for 2022 and the likelihood that the central bank could ever manage to taper a ponzi.
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