Inflation, Debt, and The Fed (Part 1) with Scott Sumner and Lyn Alden

Scott Sumner (@scottsumnertmi), economist and author of The Money Illusion, and Lyn Alden (@LynAldenContact), investment strategist, join Erik on this episode to discuss: - Lyn’s position that the US needs to inflate its debt away and the mechanics of how that works. - The similarities and differences between the 1940s and the 2020s, when an external shock hit a highly leveraged economy. - How to monetize debt. - Why interest rates have remained low. - How the fed can keep inflation at bay. - The transitory inflation hypothesis. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.  Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal. Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup