Inflation, Debt, and The Fed (Part 2) 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: - Whether monetary policy has been too expansionary. - Where Lyn and Scott differ on inflation. - Why interest rates have declined over the last several decades. - The nuances of the correlation between growth in money supply and CPI. - Potential downsides to being the global reserve currency. - Why the US has been able to run trade deficits without a day of reckoning (so far). - The bull and bear cases for the US and China. - Why the US has been able to dominate the world in high-tech industries. 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