With pundits looking to the past for relevant comparisons for today's inflation worries, Scott Minerd says we should look to the postwar era, when the Fed was able to rein in a spike in prices triggered by postwar pent-up demand.
Scott Minerd discusses his concern that outdated technologies have led to vulnerabilities in global payment systems. As a result, he says, there is a high probability of an attack on these systems that could do significant damage to the markets.