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1 Nov 2020 18:12:29 UTC
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Missing Money - How Would We Write the Movie? With Rob Kirby
Why am I so confident that trillions are missing from US government accounts without kicking off hyperinflation yet? I decided to invite financial markets guru Rob Kirby of Kirby Analytics into the invention room with me for an exercise in imagination. If we were going to write a movie, what different mechanisms would we use to transfer the missing money into private hands? What would the financial plot be? From black budgets to the Exchange Stabilization Fund to the derivatives and fixed income markets, from Wall Street to Washington we explore the who and hows of $21 Trillion of your money that is missing.
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