Is It Time to Talk About Hyperinflation?

Real Vision: Finance & Investing

Real Vision

Business News, Business, Investing, News

4.1 • 1.1K Ratings

🗓️ 15 April 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

The average 30-year mortgage rate in the U.S. surged past 5% for the first time since 2011 this week, up from 4.72% last week, as the market continues to price in an aggressive monetary tightening cycle by the Federal Reserve. Inflation remains the dominant factor for policy makers, investors, and consumers. In fact, as Jared Dillian notes, it’s time to think about the unthinkable: hyperinflation. Policy choices have fed into structural factors to create an upward producer and consumer price spiral that the Fed and other central banks will be hard-pressed to control. Dillian, the editor of The Daily Dirtnap, joins Maggie Lake for today’s Real Vision Daily Briefing to talk about the macro picture, gold, and why Elon Musk would be good for Twitter. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/37P5H0u Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome aboard this Air France podcast message. Air France and its crew invite you to discover
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0:35.4	Hi everyone. Welcome to the real vision daily briefing. It's Thursday, April 14th, 2022. I'm Maggie
0:40.7	Lake and here with me today is Jared Dillion editor of the daily dirt nap newsletter. Hi, Jared,
0:46.0	how are you? Hey Maggie. So what are you watching today? What's on your radar?
0:50.5	Well, I mean, everybody's watching what's going on at Twitter for sure. Tweeting about Elon trying to buy
0:57.5	Twitter. It's sort of a world we can talk about. I mean, actually, you know, just about an hour before
1:03.3	the daily briefing, I saw that the board of Twitter was thinking about adopting a poison pill.
1:09.4	Yeah. And like poison pills are never a good idea, but they're particularly not a good idea
1:16.0	after somebody has already put in a bit. They are going to get sued so hard. It's unbelievable.
1:26.0	So yeah, do you think you do you think he's serious about that was my first thing. I was like,
1:30.6	oh my gosh, Elon Musk wants to buy Twitter and like, wait, does he really or is he just
1:34.1	screwing with them? Do you think he really wants to buy it? No, I think he really does. I mean,
1:38.2	part of it for the free speech reasons that he cited, but also, I mean, he's not doing this
1:42.9	altruistically like, you know, Twitter for all of its intellectual and cultural significance
1:48.8	just has a microscopic market cap. It's a snack. It always has been a snack for anybody that
1:54.6	wanted to buy it. I mean, he can do it with his own personal wealth. It's really it's just a
2:00.0	fraction of what he has. So, you know, I think, you know, if he buys it at a 40 billion market cap,
2:05.6	he could make multiples of that. So you think so. Is it just because his mere presence or,
2:12.9	I mean, the guy's spread pretty thin. Obviously, genius has six that, you know, his ideas for
	...

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