IL04: Inflation & The Great Demographic Reversal ft. Manoj Pradhan

Published: July 19, 2022, 11 p.m.

Manoj Pradhan, Author and Founder of Talking Heads Macroeconomics, joins us in today\u2019s episode to discuss the structural forces that will drive markets in the future, based on his book, \u201cThe Great Demographic Reversal: Ageing Societies, Waning Inequality and an Inflation Revival\u201d. We cover demographics and how it has impacted inflation and interest rates, the idea of using robots and automation to make society more efficient and productive, how ageing is a major contributor to a country\u2019s debt and how inflation can be used as a tool to deal with rising debt, monetization of debt through bonds and how it can be deflationary in some cases. Lastly, we discuss why Manoj believes inequality is going to decrease, due to an imbalance in the labour force, how this shift in equality impacts the economy and much more.

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Episode TimeStamps:

00:00 - Intro

02:13 - Introduction to Manoj and his book

07:59 - How demography has impacted inflation and interest rates?

15:05 - Can the global labour force be increased?

22:31 - Using automation to...