Satyajit Das – Think Piece

Published on
May 6th, 2016
Duration
43 minutes

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23

Satyajit Das – Think Piece

Think Piece ·
Featuring Satyajit Das

Published on: May 6th, 2016 • Duration: 43 minutes

Satyajit Das, former financier and author of "Traders, Guns and Money" and his most recent work, "A Banquet of Consequences" / "Age of Stagnation", proposes three macro outcomes to the current global environment, throws a logic oriented critique at the failed monetary experiments of global central banks, and gives insight into the core structural stagnation problem currently confronting the world before proposing a set of possibilities as to how these imbalances may be resolved.

Comments

  • jc
    jorge c.
    17 August 2019 @ 11:38
    0 0
    Please bring this guy back
  • WP
    William P.
    16 December 2018 @ 17:56
    1 0
    Time to bring back Mr. Das.
  • NF
    Nicholas F.
    22 July 2018 @ 20:02
    0 0
    Fascinating, thank you Mr. Das. Really enjoyed Traders, Guns and Money
  • jc
    jorge c.
    21 January 2017 @ 00:51
    2 0
    One of the brightest minds in finance.
  • SA
    Sasha A.
    7 September 2016 @ 04:18
    2 0
    Super, insightful talk. Forces you to think.. Good job RTV.
  • TS
    Tim S.
    22 July 2016 @ 22:58
    2 0
    Peter Drucker: "There is no such thing as profit, there are only expenses yet to be incurred."
  • TS
    Tim S.
    22 July 2016 @ 21:48
    0 0
    One of the best, love the humor!
  • SM
    Sam M.
    19 July 2016 @ 15:47
    2 0
    Wow! And he's really entertaining too. I can only imagine what it would be like to be his friend, conversations for days...
  • JN
    Jacques N.
    3 July 2016 @ 19:48
    0 0
    Wow!
  • MS
    Mark S.
    8 June 2016 @ 23:47
    2 0
    One of the best interviews yet. Loved how he wove financial/economic/political/social worlds together. "We need a new Rhine River every year." Thanks RTV. You won't hear this anywhere else.
  • JO
    Johnny O.
    26 May 2016 @ 08:30
    0 0
    In a past life I had to study this smart guy's derivatives textbooks. Glad to hear he is not in the camp that thinks debt doesn't matter. I prefer wheels-off reset over Japan-like stagnation.
  • JH
    Jamie H.
    25 May 2016 @ 20:16
    0 0
    Seen him on Max Kaiser a few times. Always articulate and insightful.
  • EB
    ELIZABETH B.
    23 May 2016 @ 10:35
    0 0
    Capital Controls coming. I am a retired expat as well as an owner of properties and deposits world wide. Looks like I will be forced to hold my nose and return to USA.
  • MK
    Mark K.
    23 May 2016 @ 04:30
    0 0
    Very frank, very sanguine discussion. If we look behind the curtain there really is just an old grey haired man pulling strings! I need to watch this more than once!
  • ms
    mahesh s.
    22 May 2016 @ 22:03
    0 0
    Truly amazing thinking. Kudos RTV. Cant wait to read his book. TRUTH DOES'NT REALLY CARE!!!- amazing and real. Need him back
  • SB
    Stewart B.
    22 May 2016 @ 13:19
    1 0
    Brilliant interview. I'd love to hear more.
  • SV
    Stefan V.
    17 May 2016 @ 18:47
    1 9
    Wow. First Think Piece that gives us so little to think about. So many "X is just wrong" statements talking confidently about the What without a hint of the Why or the How.
  • LR
    Larry R.
    17 May 2016 @ 16:46
    3 0
    Possibly the clearest, cleanest statement of where we are that I have heard. Wonderful!
  • ev
    ernie v.
    17 May 2016 @ 12:03
    2 0
    This guy is bright star, telling it like it is. How long can we remain clueless as to the end result. Buy a farm and hope your kids do not have it too rough.
  • sp
    shashwat p.
    17 May 2016 @ 10:05
    3 0
    Good bloke. Like a good horror movie it was entertaining and terrifying at the same time.
  • RD
    Richard D.
    16 May 2016 @ 16:56
    3 0
    Brilliant! Simply brilliant. Concise, concrete, and coherent.
  • ml
    michael l.
    16 May 2016 @ 02:19
    2 0
    Excellent, excellent piece. Bring him back soon.
  • DL
    Derek L.
    13 May 2016 @ 22:40
    2 0
    Great line..."Central Bankers are not talking to the right people" ie..ordinary folks and, thus, have no idea what is really going on....excellent!
  • TH
    Timo H.
    13 May 2016 @ 14:46
    3 0
    It's quite hard to disagree with Satyajit about anything. I'm not even trying. He possesses way too much knowledge and logic.
  • PJ
    Peter J.
    12 May 2016 @ 16:55
    7 0
    One of the best ever!
  • JD
    John D.
    12 May 2016 @ 08:14
    3 0
    Best. Interview. Yet.
  • GC
    Grant C.
    11 May 2016 @ 14:05
    2 0
    Thoroughly enjoyed this, brilliant stuff!
  • CD
    Colin D.
    11 May 2016 @ 06:46
    1 0
    Excellent and insightful interview. I totally agree that central bankers do not know what they are doing presently and are making a bad situation more dangerous,
  • SB
    Sergei B.
    11 May 2016 @ 00:15
    1 0
    Investing with "common people"
  • SL
    Stephen L.
    10 May 2016 @ 10:35
    10 0
    The quality of interviews from Oz have been brilliant. Great work
  • SN
    Sean N.
    10 May 2016 @ 06:43
    3 0
    Impressive!
  • PC
    Peter C.
    10 May 2016 @ 04:41
    6 0
    The third sensational interview from Down Under. Keep them coming.
  • GG
    George G.
    9 May 2016 @ 15:49
    4 0
    Wonderful commentary ... also a good example of why the delivery is almost as important as the message
  • DR
    Dennis R.
    8 May 2016 @ 21:51
    4 24
    Nothing new hear. The same stuff the doomsayers have been spreading for ages. Guess it sells books.. Great delivery though..
  • fc
    frank c.
    8 May 2016 @ 19:55
    2 0
    Scary isn't it...
  • TS
    Tom S.
    8 May 2016 @ 13:34
    4 0
    I had a great boss once whose favorite phrase was "eventually the economic reality always reasserts itself". Good explanation of how that will occur.
  • JD
    John D.
    8 May 2016 @ 12:54
    4 0
    One of The BEST !!! Great Stuff..
  • TS
    Tim S.
    8 May 2016 @ 09:55
    8 0
    Good point about politicians passing the problem off to central bankers. Very cunning.
  • A1
    Animal 1.
    8 May 2016 @ 08:50
    4 0
    Beautifully delivered. Thank you Satyajit and RV!
  • DH
    Dale H.
    8 May 2016 @ 05:44
    0 0
    VG. Well delivered. The thoughtless or greedy powerful + others who are 'right' ignore or punish awkward questions. This weakness ensures more pain and huge wastage. Good questioners need rewarding
  • RR
    Robert R.
    7 May 2016 @ 23:37
    5 0
    Loved this guy, tells it like it is.
  • RH
    Randy H.
    7 May 2016 @ 23:11
    6 0
    Outstanding mind. Get more thinkers like this!!!
  • SP
    Steve P.
    7 May 2016 @ 23:07
    7 0
    Brilliant summary of the current global dilemma. His conclusion - equallising of global incomes via lower western world lliving standards, is the ultimate outcome. Hope for an orderly transition.
  • JH
    Jim H.
    7 May 2016 @ 21:25
    0 0
    Ok I hear you! Now how do the small people live and continue? We need a reasonable plan that car have enough of a chance for success that people can decide to participate rather than rebell!
  • DS
    David S.
    7 May 2016 @ 19:05
    4 11
    Very smart gentleman, but not lucid and nor concise. The greed and duplicity of the market makers caused the implosion. The central bankers were dealt a losing hand and expected to win without help.
  • FS
    Fred S.
    7 May 2016 @ 18:59
    8 0
    Most people walk blindly thru the fog of "the prevailing narrative". Others know their in a fog, but can't see enough to characterize it. Das can not only can see the fog, but cut thru it. Bravo!
  • IZ
    Ileana Z.
    7 May 2016 @ 16:10
    6 1
    WOW! Love this man. He is smart, witty, and has a deep fund of knowledge. We need many more hours of his insight. I will be heading to AMZ.com for his books.
  • JO
    Jens O.
    7 May 2016 @ 16:06
    1 1
    Loved already his podcasts ... listen to Jeff Gundlach this week and you get a sense what the next pause in Das' long process will be: a Trump debt-fueled US boom - watch out ;)
  • HS
    Hubert S.
    7 May 2016 @ 14:58
    4 0
    Lively and true to a large extent. But one crucial thing missing: Has he never contemplated that central bankers, while being blockheads, might get marching orders - or is this too conspirational ?
  • EK
    Emil K.
    7 May 2016 @ 14:56
    3 0
    Has anyone read his book? I'd like to know if he offers suggestions on how we can best manage the coming transition. How do we manage prolonged stagnation and how do we manage 'the reset'?
  • WM
    Will M.
    7 May 2016 @ 14:21
    8 0
    I particularly liked the linkage between proposals to ban cash with the likelihood of negative interest rates & concurrent need for capital controls to prevent "escape" from one nation to another.
  • WM
    Will M.
    7 May 2016 @ 14:17
    2 0
    So I guess its scenario 3 for most RVTV subscribers.....? Eloquent description of the current state of central banking and government economic policy.
  • SS
    Sam S.
    7 May 2016 @ 11:40
    4 0
    Politicians, bankers, regulators are WOLVES. Everyone else---the sheep. To navigate the world we need to be like water.
  • RA
    Ricardo A.
    7 May 2016 @ 09:30
    20 1
    Make this guy a regular. 2-3 times a year at least.
  • an
    adrian n.
    7 May 2016 @ 07:18
    4 0
    Good bloke is our Das
  • KD
    Ken D.
    7 May 2016 @ 01:15
    6 0
    Wonderful! Loved his animated delivery.
  • CB
    Clinton B.
    7 May 2016 @ 01:10
    6 1
    brilliant
  • JS
    John S.
    6 May 2016 @ 23:52
    7 0
    Outstanding in so many ways.
  • MS
    Michiel S.
    6 May 2016 @ 22:41
    9 1
    Indeed we are living in a perfected 'Sovjet System' whilst having the illusion of being part of democracy. Lenin and Stalin would be jealous!
  • KS
    Kathleen S.
    6 May 2016 @ 21:31
    8 0
    Great interview, but let's not blame the little guy for what has been sold to him. Corps and elites have made trillions selling lies. People are greedy, banks and corps lie - need to address to solve
  • RD
    Ryan D.
    6 May 2016 @ 19:37
    14 1
    Lucid, concise and fun to listen to.He just sold another book.
  • WH
    Winnie H.
    6 May 2016 @ 18:45
    19 0
    He is intelligent, interesting, well-spoken, insightful, and easy to understand. Excellent. One of my favorites so far. More from him and others like him please! (Say no to boring people!)
  • PV
    Peter V.
    6 May 2016 @ 17:55
    2 0
    So true.
  • ET
    Ed T.
    6 May 2016 @ 17:03
    6 0
    Outstanding interview!
  • CC
    Christopher C.
    6 May 2016 @ 16:51
    2 0
    When people judge the truth to be perverse is the truth a mendacity or the people's judgement perverse?
  • NH
    Nigel H.
    6 May 2016 @ 16:00
    2 0
    Smart bloke... I tried to read 'Extreme Money' once. He made some very insightful comments re. social consequences + low/ no value added innovation. So no beautiful deleveraging then Satyajit?
  • BV
    Bryan V.
    6 May 2016 @ 15:57
    13 2
    Awesome discussion! Left me wondering if humans are in fact a flawed species that will always devise a perverse system of incentives that will eventually lead to our downfall.
  • BB
    Brian B.
    6 May 2016 @ 15:37
    16 1
    Brilliant
  • mj
    maria j.
    6 May 2016 @ 15:25
    47 4
    This guy is excellent

Chapters

  1. 00:00:25
    Structural Stagnation
  2. 00:18:31
    Social Distress
  3. 00:24:46
    Monetary Policy
  4. 00:35:43
    Banquet Of Consequences