Russell Napier, independent strategist and co-founder of the Electronic Research Interchange, joins the program to discuss the state of financial markets and his thought-provoking recent essay in the Financial Times.

3:18 "There's a global monetary system?"

6:06 Central bank credit and "the savings glut"

11:28 Treasury yields: The world's most reflexive asset class

18:35 "The People's Bank of China can inflate the whole world"

https://www.facebook.com/financialtimes/

https://www.eri-c.com/

https://www.linkedin.com/in/russell-napier-81292846/ https://www.linkedin.com/company/financial-times/

@ERICresearch @FinancialTimes

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