Tag Archives: Economy
Taleb Bets on Hyperinflation, or even Deflation
Universa Investments LP, the hedge-fund advised by “Black Swan” author Nassim Taleb, has a new strategy where they’re betting that the massive stimulus efforts of global governments will lead to hyperinflation. The governments pumping money into the economy cannot prevent hyperinflation, and in the loger run will lead to deflation as well . The strategy has also been reported [...]
Let’s face it; Economists are charlatans!
At the New Yorker summit Robert Shiller and Nassim Taleb discuss what to do in such times when the spirits aren’t brave at all. Shiller, a Yale economist who famously predicted the last two booms also wrote a book called “Animal Spirits in which he posits that shifts in the economy follow the irrational actions of [...]