Dr. Peter Warburton, director of Economic Perspectives, joins Real Vision to explain his thesis that the world is entering a new era of fiscal dominance. He argues that the policy response to the coronavirus crisis has been closer to war-time measures rather than simple counter-cyclical policy. He explains the potential that the global shutdowns could trigger an inflationary backlash by the end of this year. Finally, Dr. Warburton suggests several investments and sectors that could prove resistant to that inflationary backlash and even help investors both protect and grow their portfolios through the chaos. Filmed on April 20, 2020.