The Delingpod: The James Delingpole Podcast Alex Kriel
May 5, 2026
Alex Kriel, founder of the Thinking Coalition and financial commentator, brings sharp market, pension and monetary analysis. He discusses inflation, why bonds no longer reliably protect portfolios, commodities and precious metals as hedges, geopolitics’ impact on oil and debt, and practical trades and pension fixes. Conversation ranges from market mechanics to societal risks and Russian cultural notes.
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Official Inflation Masks The True Cost Of Living
- Official inflation understates reality; Kriel estimates real inflation nearer 8–9% when accounting for financial-asset inflation and understated goods/services rises.
- This gap means many nominal returns leave savers deeply underwater despite ‘official’ low rates.
Position For Debt Relief By Inflation
- Prepare for inflationary debt relief strategies: expect governments to inflate away nominal debt rather than balance budgets or default.
- Kriel cites policy choices and constrained oil supply as mechanisms that boost nominal GDP and erode real debt burdens.
Use Inverse ETFs To Hedge Overvalued Markets
- Use inverse ETFs to hedge or short overvalued tech and treasuries if you expect a correction.
- Kriel mentions ProShares UltraShort QQQ and short-treasury ETFs as accessible instruments for retail investors to express bearish views.
