Breaking News #1: The Water In Which We Swim
Epsilon Theory Podcast
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The Importance of Productivity in Inflation
"All of the causes of inflation here at least have some impact on inflation," he says. "But there's no political gain to be made from that to in a sense blame the consumer for inflation." The level of consumer demand is the biggest driver of inflation or not, Mr Obama adds. 'It can be easily ought to be auto-tuned into a red tribe or a blue tribe song'
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