Tue, 24 November 2020
1601: The Great Demographic Reversal, Ageing, Inequality & Inflation Revival by Charles Goodhart (Goodhart’s Law)
Charles Goodhart and Manoj Pradhan join today to elaborate on a significant global prediction that low-interest rates won’t last. When they go away, it will place substantial hardship on the economy. Charles and Manoj authored the book The Great Demographic Reversal, a book that will outline the rise in inflation and interest rates but lead to a pullback in inequality. In part I, Jason, Charles, and Manoj elaborate on the dependency ratio.
Black Friday Deal: pandemicinvesting.com/blackfriday
[2:00] It’s a time to be thankful.
[3:20] The Fannie Mae loan limits are going to be increasing!
[4:15] Jason Hartman Flash Briefing: The Story of Inflation
[7:50] How are Manoj and Charles connected?
[10:20] How have globalization and technology influenced inflation?
[13:45] The debt ratios around the world have been jumping up very sharply.
[14:00] Will interest rates go up?
[15:00] The best way to get out of debt is to grow faster.
[17:00] Japan is aging itself out of existence with its extremely low birthrates.
[18:20] Robots won’t do; we need a reallocation from one part of the economy.
[22:00] Why is the dependency ratio so important?