Michael Pettis and I just released Episode 2, which covers everything from Michael’s experiences with the end of Covid Zero in China to a provocative argument for why Americans (and a few others) may come to embrace inflation.

UN/BALANCED

UN/BALANCED Episode 2: China's Reopening, Incredible Shrinking Surpluses, Russia's Balance of Payments, and Why Aging in Germany Could Lead to Inflation in America

Listen now (47 min) | …

Listen now

2 months ago · 3 likes · 1 comment

Remember: paid subscribers to The Overshoot can get a substantial discount.