In this week's round up, Mark and I cover two concepts very deeply: 1) why structural growth is falling and 2) how that impacts inflation.
We spend a lot of time covering Mark's "Killer D's" Framework: Demographics, Debt, and Deflation. We also took a deep look at falling estimates for GDP growth, and the limits on how much we can trust central bankers predictions (hint: we can't).
We also picked apart some charts that came to us courtesy of Jurrien Timmer of Fidelity on how inflation, commodities and the S&P have performed during periods of economic expansion. As always, Jurrien's attention to detail and historic perspective made for some fascinating conversation.
We ended the charts portion of our talk with a conversation about US military spending, and covered the idea that a dominant empire tends to lead to peaceful periods. This pattern is reflected in nature as well.
Finally, in the stories portion of our round up we covered three big headlines: 1) the houston firefighters pension buying Bitcoin and Ether 2) the launch of the Bitcoin ETF and 3) FTX raising $420,690,000 from 69 investor.
For our thoughts on those, you'll have to listen to the episode :)
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