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ReSolveRiffs with Michael Howell on Liquidity & its Multi-Dimensional Impacts on Markets and the Economy

Resolve Riffs Investment Podcast

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The Unsustainability of QE

The tipping point would basically come if you saw number one significant high street inflation coming through. On either side of that, deflation is bad for stocks. It starts to get very bad for stocks once you get significantly above 5% inflation rates. Another case could be a serious devaluation in your currency and that is clearly a risk. What would happen in that case, I would suggest, is the policymakers would have to start thinking about capital controls. We're not there yet. But that's clearly a danger.

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