#378 – Cullen Roche, Discipline Funds - QE Is Not As Powerful As A Lot Of People Like To Think It Is

<p>In episode 378, we welcome our guest, <a href= "https://www.pragcap.com/meet-cullen-roche/">Cullen Roche</a>, founder and Chief Investment Officer of Discipline Funds, a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.</p> <p>In today’s episode, Cullen begins by sharing his framework for thinking about inflation and the impact of both monetary and fiscal policy. He explains the difference between the response to the Great Financial Crisis and what we’re experiencing today and then shares what he expects inflation to look like over the next few years.</p> <p>Then we get into Cullen’s newest venture, the <a href= "https://disciplinefunds.com/what-is-the-discipline-fund/">Discipline Funds ETF</a>, ticker DSCF. He walks us through why he chose to start the fund, the tax benefits of holding low cost index funds in an ETF wrapper when rebalancing, and what the process of launching an ETF was like.</p> <p>-----</p> <p>Follow Meb on <a href= "https://twitter.com/MebFaber">Twitter</a>, <a href= "https://www.linkedin.com/in/mebanefaber/">LinkedIn</a> and <a href="https://www.youtube.com/channel/UCKvWzzrVUA_DSCoKXL6GU2w">YouTube</a></p> <p>For detailed show notes, click <a href= "https://mebfaber.com/2021/12/20/e378-cullen-roche/">here</a></p> <p>To learn more about our funds and follow us, subscribe to our <a href= "https://us1.list-manage.com/subscribe?u=6750faf5c6091bc898da154ff&id=7249739cdb">mailing list</a> or visit us at <a href= "http://www.cambriainvestments.com/">cambriainvestments.com</a></p> <p>-----</p> <p>Today’s episode is sponsored by <a href= "https://www.givewell.org/"><strong>GiveWell</strong></a>. GiveWell searches for the charities that save or improve lives the most per dollar. GiveWell recommends a small number of charities that do an incredible amount of good. Visit <strong><a href= "https://www.givewell.org/">Givewell.org</a></strong> and donate before the end of the year and have your donation matched up to <strong>$250</strong> when you men