Central governments have become experts at coming up with good excuses for doing the wrong thing. On today’s show, we’re talking about the impact of a changing world order and how this will feed further inflation and the possibility of economic collapse. The global geopolitical landscape is changing as China’s ambition to become the dominant global empire will change global trade, Russia’s ambitions to regain the Ukraine as subject territory, and more instability is brewing in the middle-east.
I’m not talking about any of this to dive into politics, but to highlight the impact of these forces on Investors.
Wars are inflationary. If you look back through history, governments have the world over have used armed conflict as a justification for emergency spending. But these days any emergency is sufficient justification to print money.
Host: Victor Menasce