Russell Napier: Financial Repression Is Back — And Investors Aren’t Ready | #615
My guest today is Russell Napier, an independent financial market strategist, financial historian, and author of The Solid Ground investment report. In 2014, he founded the charitable venture The Library of Mistakes — a free-to-use library of financial history. In today’s episode, Russell explains why investors are asking the wrong questions at a critical turning point in financial history. He how financial repression, shifting monetary regimes, and political priorities are reshaping capital markets. To close, he explains the dangers of yield chasing, why technology won’t defeat inflation, and why gold may be signaling what comes next.
Key Points
- Understanding the importance of asking the right questions during regime changes in financial markets is crucial for investors to avoid getting the right answers to the wrong questions.
- The current geopolitical shifts and the end of the existing global monetary system could lead to significant changes in capital movement, inflation, and state intervention, which investors need to consider for future asset allocation.
- Financial history and a deep understanding of past monetary systems can provide valuable insights for long-term investment strategies, as evidenced by the enduring relevance of financial history libraries and educational courses.
Follow Russell: Website; LinkedIn
Resources: The Library of Mistakes Russell Napier. Twenty One Lessons from Financial History for the Way We Live Now (60 mins) American Affairs Models.Behaving.Badly: Why Confusing Illusion with Reality Can Lead to Disaster, on Wall Street and in Life The Money Game Triumph of the Optimists: 101 Years of Global Investment Returns A Few Investing Books
Chapters
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Transcript
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