Excess Returns  cover image

Mike Green on the Dangers of the Rise of Passive Investing

Excess Returns

00:00

Is the Fed's Stance on Inflation Transitory?

The inflation rate, the eight and a half percent that you just saw, is likely to fall even as prices don't retreat back. The underlying conditions of demand destruction are creating the conditions under which prices will at least stop going up. And I would argue it's tame relative to the 1940s because we had significant population growth and destruction of capacity.

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