The US has too much debt, and 0% interest rates. The situation looks similar with US in the 40s and 70s. In the 70s the US raised rates, in the 40s they let inflation eat all savings.
Lyn Alden, a famous macro-economist, believes the current situation is more like the 40s. The US can not increase the rates, so most likely it will let inflation reign and get money from the rich, a form of financial repression.
5
120 reads
CURATED FROM
IDEAS CURATED BY
Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
It is possible the US hegemony is coming to an end. Lyn focuses on the changes in the energy markets to make a case for the US downfall and a long period of inflation.
“
The idea is part of this collection:
Learn more about crypto with this collection
The differences between Web 2.0 and Web 3.0
The future of the internet
Understanding the potential of Web 3.0
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates