How to Profit as the Dollar Fades w/ Larry McDonald
Real Vision: Finance & Investing
00:00
The Failure of Common Sense
The only way you can kill inflation is with an unemployment at least five to seven percent. And we're nowhere near that, he says. The Fed within five minutes of this banking crisis wouldn't let it go a weekend without a $400 billion and $400 billion balance sheet expansion. That's what's juiced an Aztec here, because everybody's perception is, okay, we're going back into this sharp deflation.
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