Excerpt
July 16, 2021, Video: "If there is one adjective we have heard repeatedly in the last year and a half it is “unprecedented”. It has been applied to describe the amount of monetary and fiscal stimulus that’s been poured into the economy. It has been used in relation to the pandemic lockdowns and reopenings, and the record-breaking runs in stock, bonds, real estate, and commodity markets. Is there no historical precedent for these events? Who better to ask than this week’s WEALTHTRACK guest, Niall Ferguson? Ferguson has studied booms, busts, the rise and fall of empires, the power of social networks, and catastrophes of all sorts including plagues and pandemics? He is one of the world's leading historians and an influential commentator on contemporary politics and economics. Ferguson is a Senior Fellow at the Hoover Institution, Stanford University, and at the Belfer Center for Science and International Affairs at Harvard, along with being the author of numerous articles, and a regular columnist for Bloomberg Opinion."
Non-HKS Author Website - Niall Ferguson