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Ep. 1110: Mark Rzepczynski Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Politics of Inflation
Inflation does not occur without governments allowing it to happen. There's all kinds of reasons for this, and there are going to be political reasons. More important than just a policy choice is the problem of distortion from inflation. If prices are moving up because of inflation, not because of demand, that could create bad decisions.
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