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Paul Tudor Jones: 'It's Hard Not to Want to Be Long Crypto Because of the Intellectual Capital'

The Breakdown

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Banks Preference for Liquidity Quash the Money Multiplier

The post pandemic recovery may be different from the g f c aftermath. Banks came into this crisis in a much better state, meaning that they were unlikely to slow down lending as much. A large monetary overhang in the recovery phase will eventually stoke consumer price inflation. The pandemic has exposed the vulnerability inherent in global interdependence and stoke tensions between us.

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