The financial experts and mainstream financial pundits have been talking about rising rates and rampant inflation for well over a decade. So far it's failed to materialize. I understand that it feels like we are going to finally be headed into that environment at long last...I get that feeling as well when I listen to 99% of financial shows on YouTube or listen to any of the major networks. However, there is still a large segment of the economic community (although not nearly as vocal usually as the inflationistas) who have a different perspective....and so far they have been right. In addition, it is apparent to me that the individuals in this camp have a much more sophisticated understanding of the markets than the Peter Schiffs of the world. Look up Jeff Snider at Alhambra investments, Dr. Lacy Hunt at Hoisington Management, Gary Shilling, Dave Rosenberg....that's only a few of a long list.
If you think you should be familiar with the opposing viewpoints arguments, then this would be a start
https://youtu.be/uptj3_OE9XE
Perhaps you disagree with the conclusions, but to say this man is a nitwit and doesn't understand what he is talking about is plainly false.
Discussion outline
1. Do central banks believe in QE?
2. Why QE didn’t generate inflation after GFC
3. What is money and can central banks control it
4. The importance of banks
5. What caused the 1970s inflation
6. The rise of the offshore dollar (euro-dollar) system
7. Why fiscal stimulus won’t work
8. The problem with market fragility and illiquidity
9. Central banks care about equity markets
10 .What could generate inflation
11. Book that influenced Jeff: A Monetary History of the United States, 1867-1960 (Friedman, Schwartz