#168 The ‘Acid Capitalist’ Hugh Hendry On The Fed’s No-Win Situation, The Fragility Of Valuations, Gold As ‘The Alchemy Of Chaos,’ Buying Bitcoin, And The Dangerous Sign The Japanese Yen Is Sending

The Julia La Roche Show · May 9, 2024 · 1h 21m

The Acid Capitalist Hugh Hendry joins Julia La Roche again, this time in the East Village, for an in-person, unfiltered conversation on macro and more.

Links:

Twitter/X: https://twitter.com/hendry_hugh

Podcast: https://podcasts.apple.com/us/podcast/the-acid-capitalist-podcast/id1511187978

YouTube: https://www.youtube.com/@HughHendryOfficial

Timestamps:

0:00 Intro and welcome

1:36 Macro view and the Fed’s no-win situation

2:45 Revisiting financial history

4:20 The U.S. has become the economic locomotive of global growth

5:00 Policy error of fiscal conservatism

6:30 Everything is expensive

7:52…