The Illusion of Safety

"We mustn't lose touch with those moments of history, which are really quite chaotic and volatile… The idea that the worst thing that can happen after 2% inflation is 3% inflation, I would argue against that.” -Peter Warburton Peter Warburton visited Fielder’s office several weeks ago when he was in New York from London. Peter wrote Debt & Delusion in 1999, identifying the stresses in the financial system that culminated in the 2008 credit crisis. The book is hauntingly prophetic. Peter is a true independent thinker. Few have thought more deeply and creatively about money, credit and inflation than Peter. His unique framework leads to some highly contrarian views. They may or may not

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