Apologise for the break for June and July, we were in the process of moving and markets were relatively mixed over the summer months. A reminder that the two distinctive features of the 1332 Capital newsletter are that views are communicated over different time periods (immediate, cyclical and secular) as well as tracked between newsletter…Read More
Conventional economic theory states that during a recession interest rates should be lowered to spur lending. In practice, there is an argument to be made that this actually perpetuates the recession and leads to asset bubbles, debt supercycles and an increase in wealth inequality. 1. Clear bad debts faster giving room for the economy to…Read More
Inflation can mean very different things depending on what monetary system and part of the business cycle an economy is currently in.