From Lyn Alden’s perspective, “We can do all we want with the numbers, but at the end of the day, human decisions drive our economies.” Jared Dillian, editor of The Daily Dirtnap, joins her to talk about the psychology of money and its connection with inflationary and deflationary environments. Alden’s trademark quantitative analysis and Dillian’s big picture perspective make for a lively conversation about the commodity CapEx cycle, money supply, and the flattening of bond yields. You can sign up for Dillian’s newsletter, The Daily Dirtnap, at www.dailydirtnap.com. Recorded on October 22, 2021.