How Economists Got It Wrong on Inflation: 3-Minute MLIV

The video discusses recent inflation prints and their impact on economic conversations. It critiques economists for consistently underestimating inflation in major economies. The discussion then shifts to strategies for inflation protection, considering assets like gold and Bitcoin. Finally, it highlights short-term positive developments in China's property market, particularly regarding Evergrande.

How have the predictions of economists regarding inflation changed over the past year?

What were the economists' predictions regarding inflation, and how did they perform?

What factors might affect the performance of Bitcoin as a hedge against inflation?

Discuss the implications of the current economic situation on bond markets.

What are the potential short-term effects of the recent actions by China regarding property markets?