The End Game

The End Game Ep. 6 – Lacy Hunt

Bill and Grant welcome a man who is the absolute epitome of the phrase ‘a scholar and a gentleman’, Lacy Hunt, to The End Game.
The three discuss arguably one of the greatest trades of the century: Lacy and his partner, Van Hoisington’s 40-year bet on deflation.
Lacy talks about staying the course, the methodology they used to simplify their framework and what it might take for them to change tack after all this time.
The perfect counterpoint to Russell Napier’s appearance in Episode 5 of The End Game, Lacy uses his encyclopedic knowledge of econometric analysis, financial history and regulatory frameworks to explain why he remains resolute in the face a rising number of calls for the return of inflation.

Listen Now »

The End Game Ep. 5 – Russell Napier

Bill and Grant welcome Russell Napier to The End Game to discuss the reasons behind the long-term disinflationist’s recent decision to step off that train and prepare for the return of inflation.
 
Using examples from the 1690s, 1930s and 1970s, Russell makes the case for inflation in the United States hitting 4% before the end of the year and explains why recent moves by the U.S. government to circumvent the Federal Reserve have changed the game dramatically and, potentially, bring The End Game much closer.Russell offers a primer on real financial repression and explains how dangerously different the world may look in the not-too-distant future.
 
Strap yourself in – this is another head-spinning conversation.

Listen Now »

The End Game Ep. 4 – Jim Grant

Bill and Grant welcome the legendary Jim Grant, founder and editor of Grant’s Interest Rate Observer, and author of a number of stupendous chronicles of both financial history and those who helped shape it.
The three discuss the importance of historical parallels to today’s somewhat bemusing coin shortage before digging deeper into the past to examine previous inflationary episodes and discuss what lessons they might offer for our immediate future as we move towards The End Game.
As always, Jim brings an encyclopaedic knowledge wrapped in an eloquence and humour sadly lacking in today’s financial commentary.
 

Listen Now »

The End Game Ep. 3 – Mike Green

Bill and Grant welcome a towering intellect in the shape of Mike Green of Logica Advisors, to discuss the role passive investing may have to play in The End Game.
What follows is a good old-fashioned schooling, as Mike outlines the genesis of his work on passive’s effect on the markets, the extraordinary influence it has on the world today and the way that’s likely to change as we move towards The End Game.
If your head isn’t spinning after this remarkable conversation, then that sure as hell isn’t Mike’s fault…
 

Listen Now »

The End Game Ep. 2 – The Lord Of The Dark Matter

Bill and Grant are joined by long-time source and master of the financial system plumbing, The Lord Of The Dark Matter, who finally reveals his true identity after a decade of anonymity.
The three discuss inflation, the bond market, the options available to central banks and how they might achieve “Cold Fusion”.
A fascinating conversation with a true master of his craft.

Listen Now »

The End Game Ep. 1 – The Art Of Short Selling & A Mystery Guest

Bill Fleckenstein and Grant Williams embark on a journey to try and piece together what The End Game for financial markets might look like. Will central banks have the printing press taken away from them by the bond market or will we achieve what Bill terms ‘Cold Fusion’?
Joining the podcast this week is a special guest who dreamed up this whole cockamamie idea…

Listen Now »

The End Game

The End Game Ep. 6 – Lacy Hunt

Bill and Grant welcome a man who is the absolute epitome of the phrase ‘a scholar and a gentleman’, Lacy Hunt, to The End Game.
The three discuss arguably one of the greatest trades of the century: Lacy and his partner, Van Hoisington’s 40-year bet on deflation.
Lacy talks about staying the course, the methodology they used to simplify their framework and what it might take for them to change tack after all this time.
The perfect counterpoint to Russell Napier’s appearance in Episode 5 of The End Game, Lacy uses his encyclopedic knowledge of econometric analysis, financial history and regulatory frameworks to explain why he remains resolute in the face a rising number of calls for the return of inflation.

Listen Now »

The End Game Ep. 5 – Russell Napier

Bill and Grant welcome Russell Napier to The End Game to discuss the reasons behind the long-term disinflationist’s recent decision to step off that train and prepare for the return of inflation.
 
Using examples from the 1690s, 1930s and 1970s, Russell makes the case for inflation in the United States hitting 4% before the end of the year and explains why recent moves by the U.S. government to circumvent the Federal Reserve have changed the game dramatically and, potentially, bring The End Game much closer.Russell offers a primer on real financial repression and explains how dangerously different the world may look in the not-too-distant future.
 
Strap yourself in – this is another head-spinning conversation.

Listen Now »

The End Game Ep. 4 – Jim Grant

Bill and Grant welcome the legendary Jim Grant, founder and editor of Grant’s Interest Rate Observer, and author of a number of stupendous chronicles of both financial history and those who helped shape it.
The three discuss the importance of historical parallels to today’s somewhat bemusing coin shortage before digging deeper into the past to examine previous inflationary episodes and discuss what lessons they might offer for our immediate future as we move towards The End Game.
As always, Jim brings an encyclopaedic knowledge wrapped in an eloquence and humour sadly lacking in today’s financial commentary.
 

Listen Now »

The End Game Ep. 3 – Mike Green

Bill and Grant welcome a towering intellect in the shape of Mike Green of Logica Advisors, to discuss the role passive investing may have to play in The End Game.
What follows is a good old-fashioned schooling, as Mike outlines the genesis of his work on passive’s effect on the markets, the extraordinary influence it has on the world today and the way that’s likely to change as we move towards The End Game.
If your head isn’t spinning after this remarkable conversation, then that sure as hell isn’t Mike’s fault…
 

Listen Now »

The End Game Ep. 2 – The Lord Of The Dark Matter

Bill and Grant are joined by long-time source and master of the financial system plumbing, The Lord Of The Dark Matter, who finally reveals his true identity after a decade of anonymity.
The three discuss inflation, the bond market, the options available to central banks and how they might achieve “Cold Fusion”.
A fascinating conversation with a true master of his craft.

Listen Now »

The End Game Ep. 1 – The Art Of Short Selling & A Mystery Guest

Bill Fleckenstein and Grant Williams embark on a journey to try and piece together what The End Game for financial markets might look like. Will central banks have the printing press taken away from them by the bond market or will we achieve what Bill terms ‘Cold Fusion’?
Joining the podcast this week is a special guest who dreamed up this whole cockamamie idea…

Listen Now »