TIP365: Has Inflation Peaked? w/ Richard Duncan

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 30 July 2021

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In today’s episode, Trey Lockerbie sits down with global macroeconomist and author, Richard Duncan. Richard gives a masterclass on global economics and how he believes credit growth is essential to economic growth.

IN THIS EPISODE, YOU'LL LEARN:

(01:16) Is capitalism a thing of the past?
(36:56) How much can our government monetize our debt
(50:13) Has inflation peaked along with credit?

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES:

Trey Lockerbie Twitter
Preston, Trey & Stig’s tool for picking stock winners and managing our portfolios: TIP Finance Tool
Take your business to the next level by hiring the right people with ZipRecruiter
Communicate your ideas in the best way possible with Canva
Thank an awesome human with the best scrubs in the world — FIGS! Enter promo code WSB at checkout to get 15% off
Get up to 40% off + Free Shipping on Four Sigmatic‘s Mushroom Coffee bundles.
Uncover thousands of business ideas and discover the steps you need to execute with My First Million. Search My First Million on your podcast app
Start feeling better with a single message. Match with a licensed therapist with Talkspace and get $100 off your first month with the promo code WSB
Get three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private online
Teach kids good money habits the fun and easy way with GoHenry’s debit card for kids and app for parents. Get one free month with promo code WSB
Check out our Investing Starter Packs about business and finance
Browse through all our episodes (complete with transcripts) here
Support our free podcast by supporting our sponsors

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to TIP.
0:30.0	You're listening to TIP.
1:00.0	I'm your host, Tray Lockerby, and today I have with me Richard Duncan.
1:10.8	Richard, welcome back to the show.
1:12.3	Thanks for coming on.
1:13.3	Tray, thank you.
1:14.3	It's very nice to be back.
1:15.8	Well, I'm really excited to have you back because I have been witnessing what I would
1:21.8	say, seemingly bombastic narratives, mostly around what the Fed is doing, how potentially
1:28.4	nefarious it might be.
1:30.6	And when I listen to you speak, I tend to hear that you think there's a lot of sound
1:35.6	decision making happening at the Fed.
1:38.2	So I want to get involved that.
1:39.6	But first, I think it's important if we take a step back and you could help walk us through
1:44.4	how we've kind of arrived where we are.
1:47.1	One thing I've heard you say is that capitalism is dead.
1:50.7	So what do you mean by that exactly?
1:52.4	Well, I would just say that capitalism evolved into a very different kind of economics
1:58.1	system that I call creditism.
2:01.0	And here's how that happened.
2:02.4	50 years ago, the United States stopped backing dollars with gold.
2:08.9	First, the Fed was no longer required to hold any gold to back the dollars that it created
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.