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Inflation, Debt, and The Fed (Part 1) with Scott Sumner and Lyn Alden

January 11, 2022
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Village Global Podcast

Description

Scott Sumner (@scottsumnertmi), economist and author of The Money Illusion, and Lyn Alden (@LynAldenContact), investment strategist, join Erik on this episode to discuss:

- Lyn’s position that the US needs to inflate its debt away and the mechanics of how that works.

- The similarities and differences between the 1940s and the 2020s, when an external shock hit a highly leveraged economy.

- How to monetize debt.

- Why interest rates have remained low.

- How the fed can keep inflation at bay.

- The transitory inflation hypothesis.

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