"The financial sins of the government and the Fed can only be combatted with financial virtue."

In this email newsletter I cover:

• Why long-term stagflation may be likely;

• The role construction is playing in this economic cycle;

• How the government needing to finance deficits and refill the TGA may cause more banking chaos this year;

• How financing government overspending is crowding out other assets;

• The stark reality on who is actually funding our debt;

• How to prepare for what’s ahead;

• And more, wrapped up in sins and virtues.