In the second part of this educative interview, Alfonso Peccatiello (Author of the Macro Compass newsletter and contributor at Real Vision) explains the consequences of disinflation on asset bubbles, some big macro economic indicators that the threat the stability of the global financial system and the disastrous consequences of a yield curve inversion.

🔘 Watch the episode on YouTube: https://youtu.be/mL4dxAK4Qos

In the first part of this educative interview, Alfonso Peccatiello (Author of the Macro Compass newsletter and contributor at Real Vision) debunks some common misconceptions behind the meme of money creation.

Alfonso (aka Alf) puts his experience and knowledge of financials markets at work by explaining the fundamentals of how "credit impulse" have effects on inflation and deflation in addition to the mechanics of debt monetisation.

🌐 About Alf
Alf is the author of The Macro Compass (https://TheMacroCompass.substack.com), a free and fast-growing financial newsletter providing actionable investment ideas and unique global macro insights to enhance the risk/reward profile of your investment portfolio. Alf is a regular contributor at Real Vision.

Previously, he was the Head of Investment Portfolio for the Treasury department of ING Germany. There, he was in charge of the active management of a $20bn multi-asset (focus on fixed income) portfolio delivering strong risk-adjusted performance.

Sign up to Alf's free newsletter: https://TheMacroCompass.substack.com

🗓️ Recording date: 21/01/21

🎙️ GoldRepublic Podcast 🎙️
A podcast inviting guests with valuable insights into the emergence of a new monetary system through the lens of precious metals, cryptocurrencies and other financial instruments presented by Bart Brands, Precious Metals Specialist and Alexej Jordanov, Content Architect at GoldRepublic.

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⏰ Topics ⏰
00:00 Preview
00:50 Disinflation & asset bubbles
11:08 Real purchasing power is in danger
13:34 Global macro risks
18:46 Market expectations vs market reality
20:07 Yield curve inversion explained 
24:00 Alf's asset allocation / investment guide
26:42 Real Vision contribution and Macro Compass Newsletter
27:18 Conclusion

⚠️ DISCLAIMER ⚠️
The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.