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TIP491: Macro and the Energy Market w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
The Inflation Environment in the 1970s and 1980s
Many economists argue that while Paul Voechler got the credit, the inflation environment didn't structurally change before the monetary and fiscal policy worked in tandem. From 1978 to 1984, Britain, Germany and Japan cut their budget deficits while hiking rates in Canada and France did the same thing,. But not to the same extent as the US was the exception of the major economies because there were cutting taxes during the Reagan administration.
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