Wolf: Why We're Buying Inflation Insurance

The video discusses the global deflationary moment and the potential risks of inflation. It highlights the challenges in macroeconomic forecasting, emphasizing the uncertainty in predicting inflation trends. The speaker outlines scenarios that could lead to inflation and the impact on asset valuations. Finally, strategies for protecting against inflation are discussed, considering the current focus on deflation.

What are the risks associated with a return of inflation according to the text?

Why is macro forecasting considered difficult as mentioned in the text?

What factors could lead to an increase in inflation as discussed in the text?

How have asset prices been affected by the perception of low interest rates?

What is the significance of taking out 'cheap insurance' against inflation as mentioned in the text?