Charles W. Calomiris is UATX’s fmr. Director of the Center for Politics, Economics, and History. Prior to joining UATX, Calomiris served as the Henry Kaufman Professor of Financial Institutions at Columbia Business School and a Professor of International and Public Affairs at Columbia’s School of International and Public Affairs. Calomiris is a member of the Financial Economists Roundtable and the Shadow Open Market Committee. Calomiris served as Chief Economist and Senior Deputy Comptroller at the Office of the Comptroller of the Currency. He was a Distinguished Fellow at the Hoover Institution, and has been a visiting scholar or consultant to many central banks and regulatory agencies. Calomiris is the author of many books, including Fragile By Design: The Political Origins of Banking Crises and Scarce Credit (with Stephen Haber), Reforming Financial Regulation After Dodd-Frank, and two edited volumes: Rules for the Lender of Last Resort and Assessing Banking Regulation During the Obama Era. He is currently working on a book entitled Useless History and the Future of Banking.
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Episode 419
Charles Calomiris
The Path Through Financial Repression | Charles Calomiris
Charles W. Calomiris is UATX’s fmr. Director of the Center for Politics, Economics, and History. Prior to joining UATX, Calomiris served as the Henry Kaufman Professor of Financial Institutions at Columbia Business School and a Professor of International and Public Affairs at Columbia’s School of International and Public Affairs. Calomiris is a member of the Financial Economists Roundtable and the Shadow Open Market Committee. Calomiris served as Chief Economist and Senior Deputy Comptroller at the Office of the Comptroller of the Currency. He was a Distinguished Fellow at the Hoover Institution, and has been a visiting scholar or consultant to many central banks and regulatory agencies. Calomiris is the author of many books, including Fragile By Design: The Political Origins of Banking Crises and Scarce Credit (with Stephen Haber), Reforming Financial Regulation After Dodd-Frank, and two edited volumes: Rules for the Lender of Last Resort and Assessing Banking Regulation During the Obama Era. He is currently working on a book entitled Useless History and the Future of Banking.
Episode 419 is the fifth episode in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with fmr. Chief Economist for the Office of the Comptroller of the Currency, Dr. Charles Calomiris about America’s economic emergency and what our response to it should be once conditions push the country into a full-blown political crisis at some point over the next few years.
In this incredibly timely conversation, Charles Calomiris explains what the recent moves in gold, bitcoin, and long-term bond yields suggest about where we are on the path toward financial repression as we explore the implications of this trajectory for investors, businesses, and everyday depositors who will be conscripted in the battle to fight the deficit as the nation moves from spending like a banana republic to inflating like one.
We end the episode with a candid conversation about the sources of both America’s decline and the country’s potential for renewal once the reality of the current crisis becomes impossible to ignore.
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Charles W. Calomiris is UATX’s fmr. Director of the Center for Politics, Economics, and History. Prior to joining UATX, Calomiris served as the Henry Kaufman Professor of Financial Institutions at Columbia Business School and a Professor of International and Public Affairs at Columbia’s School of International and Public Affairs. Calomiris is a member of the Financial Economists Roundtable and the Shadow Open Market Committee. Calomiris served as Chief Economist and Senior Deputy Comptroller at the Office of the Comptroller of the Currency. He was a Distinguished Fellow at the Hoover Institution, and has been a visiting scholar or consultant to many central banks and regulatory agencies. Calomiris is the author of many books, including Fragile By Design: The Political Origins of Banking Crises and Scarce Credit (with Stephen Haber), Reforming Financial Regulation After Dodd-Frank, and two edited volumes: Rules for the Lender of Last Resort and Assessing Banking Regulation During the Obama Era. He is currently working on a book entitled Useless History and the Future of Banking.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
