Merryn Talks Money

Deflation May Be Coming Sooner Than You Think

James Ferguson, founder of MacroStrategy Partners, isn’t worried about inflation this year. Instead, he sees the beginnings of deflation. On this week’s Merryn Talks Money, he tells host Merryn Somerset Webb that it’s purely a matter of remembering what the monetarists said: Print money and (with a long and variable lag) you will get inflation; Yank money out of the economy (as the US Federal Reserve is doing) and you will get the opposite. According to Ferguson, there will be deflation by April.  Plus, John Stepek joins Merryn for a passionate chat about pensions. Yes, it can be done. An extended version of that chat can be heard here:  <a data-remove-tab-index="true" data-sk="tooltip_parent" data-stringify-link="https://twitter.com/i/spaces/1PlJQpeNWZqGE?s=20" href="https://twitter.com/i/spaces/1PlJQpeNWZqGE?s=20">https://twitter.com/i/spaces/1PlJQpeNWZqGE?s=20</a> And of course, sign up for John Stepek's  daily newsletter: <a data-destination="rte:bind" href="https://www.bloomberg.com/account/newsletters/uk-wealth">https://www.bloomberg.com/account/newsletters/uk-wealth</a> See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.