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Surveillance: US Inflation with Dudley

Bloomberg Surveillance

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The Value Trap of the American System

Warren Buffett basically pounded away at the idea that if you believe in the virtues of the American system, it will continue to flourish. The basic bank problem is you borrow short and lend long. You got a problem. Independent of that, you still need to have that service for the American public, the American economy. And I will get over this notion of how bad the office. That's it. Right.

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