We think capability, handling, grip and safety should always be full-time jobs.

That's why every SUV we make has permanent four-wheel drive, a standard.

Subaru, all-wheel drive, all the time.

From an investor perspective, the problem is that inflation distorts price signals.

You don't really know what the truth is.

And you make misjudgment, so the chance to get anything wrong are higher,

and therefore the risk of losses is greater than will be the case in the world of price stability.

Hello and welcome to the Baron Streetwise Podcast.

I'm Jack Howe, and the voice you just heard is Stephen King.

Not the pet cemetery one.

The HSBC economist who has a new book on the history of inflation.

He says, don't count out high inflation.

It could remain alive and scary for a long time.

A little like pet cemetery, but for consumer prices.

We'll talk about that.

We'll also talk with B of A analyst Justin Post about the outlook for summer vacation spending

and why he says it's time to buy Expedia stock.

Listening in is our audio producer, Meta Hi Meta.

Hi Jack.

You have graciously agreed to return to the podcast that you started,

the Baron Streetwise Podcast.

Thank you.

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