Soar Financially, Released on 4/10/25
The global financial system is cracking — and central banks are making it worse. In this episode of Soar Financially, economist Daniel Lacalle explains why inflation is no accident, but a deliberate policy. We discuss the worst debt-adjusted GDP since the 1930s, the trap central banks are in, the collapse of fiat confidence, and the rise of “yuan-ization.” Lacalle breaks down how reckless monetary policy and false optimism have set the stage for a deeper reset.
00:00 – Intro
01:45 – Worst Debt-Adjusted GDP Since 1930s
05:10 – Why Central Banks Are Trapped
08:20 – Inflation Is a Policy, Not a Bug
12:30 – Bond Markets & Confidence Collapse
18:10 – Gold, Tariffs, and Market Alarm Bells
25:00 – U.S. vs China: Two Competing Monetary Orders
31:15 – Devaluation = Legalized Theft?
36:00 – Lacalle’s Advice for Trump
44:39 – Stagflation, Energy, and What’s Next
Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richtopia, he holds the CIIA financial analyst title, with a postgraduate degree in higher business studies and a master’s degree in economic investigation. He is a member of the advisory board of the Rafael del Pino Foundation and Commissioner of the Community of Madrid in London. His work can be found here.