Russell Napier, independent strategist and co-founder of the Electronic Research Interchange, joins the program to discuss the state of financial markets and his thought-provoking recent essay in the Financial Times.
3:18 “There’s a global monetary system?”
6:06 Central bank credit and “the savings glut”
11:28 Treasury yields: The world’s most reflexive asset class
18:35 ”The People’s Bank of China can inflate the whole world”