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Today we will go over a recent letter sent to investors by Elliot Management in which the $56 billion hedge fund warns that "dishonest" central bank policymakers have put the world on the road to hyperinflation.
FT article on hyperinflation: https://archive.ph/dt1rG
The Law by Frederic Bastiat: https://mises.org/library/books?book_type=All&book_type=All&author=1119&topic=All&austrian_school=All
Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002: https://www.federalreserve.gov/BOARDDOCS/Speeches/2002/20021121/default.htm
Video Chapter:
00:00 Introduction
00:56 Book Recommendation: The Law by Frederic Bastiat
05:32 What is hyperinflation?
09:34 Elliot Management warns about hyperinflation
15:22 What sparked my interest in hyperinflation
17:32 Market Update
21:49 Conclusion