Erik Townsend and Patrick Ceresna welcome Charles Gave to MacroVoices. Erik and Charles discuss:-- The corporate yield curve and what it is telling us about the equity market-- The Hong Kong dollar peg-- China's debt and related risks-- The risk parity trade with bonds and stocks selling off simultaneously-- "The Upcoming Monetary War, With Gold as An Arbiter"-- Gold bullish vs bearish-- The return of secular inflation-- What happened in the 70's with inflation?-- Preparing for the return of secular inflation