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4min chapter
Michael Cembalest Takes Us to School
The Compound and Friends
The Fed's Waiting on Inflation
John Avlon: The Fed was trying to break the economy and they couldn't. He says it's kind of interesting that we're propensity to spend money when we have it. Avlon: Why do you think they waited as long as they did? Because they were convinced- They kept stimulating. That's why they didn't see a rapid normalization in labor force.
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