Persistent asset inflation tears the social fabric by making the poor poorer on necessities and immobilizing the middle class while wealth accumulates with the rich, widening the gap, creating tension that in some places 'tears'—which Bass argues is why we are seeing more wars.

causalpending

Speaker

Kyle Bass

Evidence Quote

that gap widens and what does that do? Creates tension and in some places it tears. And that's why we're having more wars.

Source

Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover InstitutionHoover Institution
Created: 6/18/2026, 2:17:47 PM

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