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#059 Larry McDonald: We've Permanently Come Into A New Higher Interest Rate Regime And Trillions Are Currently Misallocated
Larry McDonald (@convertbond), author of the New York Times bestseller “A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers,” and founder of The Bear Traps Report, a weekly independent macro research platform focusing on global political and systemic risk with actionable trade ideas, joined Julia La Roche on episode 59.
In this episode, Larry explains that trillions of dollars are currently misallocated. In other words, a ton of wealth is invested in a world designed for inflation normalization to 2% or less. Larry makes a case that inflation will be…
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