Finance & Fury Podcast

Welcome to Finance and Fury. What investments will do well and those that wont in a world with higher levels of inflation Financial investments – Been talking about MMT and inflation – but what hasn’t been mention – a lot of these intentions of providing business with credit, helicoptered money, ensuring government is financed and QE have had a secondary objective - to support and prop up financial asset and markets – but these policy efforts favour some asset classes over others Uncertainty and risk Risk and uncertainty are related but different Risk = speculative/volatility Uncertainty = Unknown risks – generally creates freeze response initially – just don’t do anything – spend or invest Uncertainty creates an environment where people avoid risks but then once they become afraid exit from existing risks In shares – creates selling – not sure what is going to happen – we are loss adverse = sell to avoid losses The important point is 1) have confidence in assets to avoid absolute losses and 2) getting