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Dario Perkins envisions a world of higher inflation, which may come down,

but will constantly be threatening to push past the 2% mark.

In this discussion with Rao from May of this year, Dario Perkins dubs this era the tangible 20s,

a time when you want to be exposed to real assets rather than the gross stocks that were so popular

in the past decade. Despite taping in the spring, this interview holds up because of Dario's long-term

views and actionable ideas. Enjoy.

I know. Listen, it's a really big, confusing macro backdrop and you've got some really interesting

thoughts. So, love to let you kind of first, let's just go through your career and who you are,

just so it frames it for everybody and then we'll go through your big picture of you and dig in a bit.

Yes, so I started my career in the late 90s at the UK Treasury. I was doing Gordon Brown's

World Economy Forecast. I then spent five years at Aben Amro covering the European economy

until Aben Amro got taken over by RBS and then nationalised. So, back to the Treasury,

we've got my tell-between my legs and helped them design the Financial Policy Committee,

you know, the kind of financial stability version of the NPC, the Bank of England. So,

did a lot of work on macro-predential policy, macro-predential tools. After a couple of years,

...