Reading Michael Pettis: Why the Bezzle Matters to the Economy [Ep. 114]
Eurodollar University
English - October 02, 2021 11:00 - 39 minutes - 35.8 MBInvesting Business News Business News eurodollar university jeff snider monetary order central banks alhambra investments inflation deflation economy depression recession Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
The bezzle is the temporary gap between the perceived value of assets and long-term economic value. Economies at times systematically create bezzle, unleashing substantial economic consequences that economists have rarely understood or discussed. A reading, by Emil Kalinowski.
----------WHO----------
Michael Pettis, Finance Professor at Peking University and Senior Fellow at Carnegie-Tsinghua Center. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is "36mm" by Jobii at Epidemic Sound.
----------WHAT----------
Why the Bezzle Matters to the Economy: https://bit.ly/3B4T5vO
----------WHERE----------
Michael's Blog: https://www.mpettis.com/
Michael's Twitter: https://twitter.com/michaelxpettis
Emil's Twitter: https://twitter.com/EmilKalinowski
David's Art: https://davidparkins.com/
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