Part 8/10:
Although the Chinese government has attempted stimulus measures, Snyder noted the market's response has been lackluster. He critiqued the mainstream financial narrative of always demanding more stimulus, which doesn't account for the questionable efficacy and the hidden financial vulnerabilities that may exist.
Looking Ahead: Inflation and Interest Rates
The conversation concluded with Snyder’s predictions for inflation and interest rates toward the end of 2025. He expressed skepticism regarding the inflationary impact of potential tariffs proposed by current political leaders, referencing historical instances where tariffs did not lead to sustained price increases and often contributed to reduced economic activity.