SUMMARY:
The financial system as we know it is coming to an end. Decentralized Finance will upend banking, credit, loans and commercial transactions. Economist Campbell Harvey joins Andy to discuss DeFi.
SHOW NOTES:
3:36: How Does The Yield Curve Predict Recessions?
13:38: Why Do Policymakers Want To Convince You That Inflation Is Transitory?
20:06: Why Is MMT Baloney?
22:56: How Does Inflation Impact Stocks?
29:16: What Is DeFi?
31:40: Why Are Banks Doomed?
35:57: How Will DeFi Impact The Fed?
41:58: How Has Technology Changed Education?
SUMMARY:
Andy continues his series on inflation with economist John Horn. Discover what options remain to curtail inflation, and what the risk is for runaway inflation.
SHOW NOTES:
3:41: How Is The Fed Dealing With Inflation?
6:55: Who’s In Charge Of Dealing With Inflation?
11:06: What Value Do Economic Fundamentals Hold Today?
16:39: How Does Inflation Impact Lending Rates?
22:08: What Are The Limits Of Borrowed Money?
27:06: Will Assets Be Further Inflated?
34:37: What Inflation-Fighting Tools Remain For The Fed To Use?
38:19: Why Is Universal Basic Income Inevitable?
39:19: Are We Doing MMT?