It's possible in a world where we have an inflationary shock that the response isn't sufficient to stabilize markets, in which case central banks, you know, and maybe not completely lose control,

but inflation becomes unanchored.

So you've got the, I guess, the fundamental inflationary push of higher debt, needing to inflate

that away.

And then you've got maybe the monetary policy side of it where central bank, the scale of

central bank intervention needs to be great,

it's an inflationary shock, and it doesn't work that you've got kind of a de-anchoring of

inflation expectations. Obviously, we haven't had that yet, but those are possibilities, and I think

they're all consistent with a world of rising commodity prices, rising gold prices, etc. So I feel like

all those three things do fit together. Imagine spending an hour with the world's greatest

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Here's your host, veteran hedge fund manager, Nealz Kostrup Larson.

Welcome and welcome back to another edition of our Global Macro Series, where today I'm joined by another host of the series, namely Alan Dunn, and as well as a host of the Ideas Lab series and author of the book, The Wise of Karen, Kevin Coldine, who's also a guest on today's episode.

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